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Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:

Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:
asked 103k views
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Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:

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User Thimma
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8.6k points

1 Answer

13 votes

The ratio could increase with the purchase of $170,000 of inventory on account.

answered
User Jonathan Henson
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