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Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 12)

Which action will increase the current ratio?
Purchasing more inventory on credit.
Using cash to pay off a short-term loan.
Collecting payments from customers.
Selling goods for cash.

Vysvětlení

Cash goes up (numerator). Accounts receivable goes down which is a different kind of asset.

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