Which of the Following Would Likely Be Most Detrimental to a Firm's

question 74

Multiple Choice

Which of the following would likely be most detrimental to a firm's current ratio if that ratio is currently 2.0?

• A) Buy raw materials on credit.
• B) Sell marketable securities at cost.
• C) Pay off accounts payable with cash.
• D) Pay off a portion of long-term debt with cash.

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