Business, 14.02.2020 03:46 mdbar321

Amram Company’s current ratio is 2.0. Considered alone, which of the following actions would LOWER the current ratio?
a) Borrow using short-term notes payable and use the proceeds to reduce accruals.
b) Borrow using short-terms note payable and use the proceeds to reduce long-term debt.
c) Use Cash to reduce accruals.
d) Use cash to reduce short-term notes payable.
e) Use cash to reduce accounts payable.

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Amram Company’s current ratio is 2.0. Considered alone, which of the following actions would LOWER t...