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If a company has a current ratio of 2 to 1,and purchases inventory on credit,what will this do to its current ratio?
Insured Party
The party who makes a payment in exchange for payment in the event of damage or injury to property or person.
Risk of Loss
The exposure to potential financial harm or loss of property value, particularly in the case of goods during a transaction.
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Contracts between an insurer and the insured that specify the terms for payment in the event of a loss.
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