Transactions could increase firm current ratio

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1. Which of the following transactions could increase a firm’s current ratio?

Sell-off unproductive assets

Payment of Accounts Payable

Collection of Accounts Receivable

All of the above

2. Which of the following ratios is used to measure a firm’s profitability?

Liabilities / Equity

Sales / Assets

Net Income / Net Sales

Assets / Equity

Reference no: EM131599840

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