Business, 25.12.2019 04:31, asseatingbandit

Walter industries’ current ratio is 0.5. considered alone, which of the following actions would increase the company’s current ratio?

a. borrow using short-term notes payable and use the cash to increase inventories.

b. use cash to reduce accruals.

c. use cash to reduce accounts payable.

d. use cash to reduce short-term notes payable.

e. use cash to reduce long-term bonds outstanding.

Answers: 3

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Walter industries’ current ratio is 0.5. considered alone, which of the following actions would incr...