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A company has the following current assets and current liabilities (all figures in '000s) : The company is concerned about not looking liquid enough and is considering using $500,000 of their cash to pay down the some bank debt.What would be the effect on their current ratio and quick ratio?
Linear Model
A statistical method that models the relationship between a dependent variable and one or more independent variables using a linear equation.
Kilowatt-Hours
Kilowatt-hours, abbreviated kWh, measure energy usage or production over time, indicating the amount of energy equivalent to the steady power of one kilowatt running for one hour.
Linear Model
A model that describes a linear relationship between two or more variables, where the change in the dependent variable is proportional to the change in the independent variables.
Electricity Usage
The amount of electrical energy consumed by a household, business, or device.
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