Friday 9 August 2013

The Miller Company paid off some of its accounts payable using cash. The company's current ratio is greater than 1. The company's current ratio would: increase. decrease. remain unchanged. impossible to determine from the information given.

The Miller Company paid off some of its accounts payable using cash. The company's current ratio is greater than 1. The company's current ratio would:

increase.

decrease.

remain unchanged.

impossible to determine from the information given.
Answer
increase.

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