Question: Which of the following transactions would result in a decrease in the current ratio ( current assets / current liabilities ) ? A . Collection
Which of the following transactions would result in a decrease in the current ratio
current assetscurrent liabilities
A Collection of cash from an accountreceivable.
B Selling shares of stock to stockholders in exchange for cash.
C Purchasing a delivery vehicle by signing a long term note payable.
D Purchasing land by paying cash.
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