When the current ratio is than one and current liabilities by the same dollar amount

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When the current ratio is ____ than one and current liabilities ____ by the same dollar amount as current assets, the current ratio ____.

a. less; increase; decreases

b. greater; increase; decreases

c. greater; increase; increases

d. less; decrease; increases

Related Book For answer-question

Introductory Financial Accounting for Business

ISBN: 978-1260299441

1st edition

Authors: Thomas Edmonds, Christopher Edmonds

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Posted Date: Dec 29, 2023 02:54 AM

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When the current ratio is ____ than one and current liabilities ____ by the same dollar amount

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Introductory Financial Accounting for Business

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When the current ratio is than one and current liabilities by the same dollar amount