Question: This Refresher from 1 3 . 3 Ratio Analysis will help you get familiar with prequisite concepts What effect does paying a short - term
This Refresher from Ratio Analysis will help you get familiar with prequisite concepts
What effect does paying a shortterm liability have on ratio analysis when current assets exceed current liabilities at the time the
payment is made?
Inventory turnover decreases
The current ratio increases
The current ratio decreases
Earnings per share increases
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