Windham Corporation has current assets of $440,000 and current liabilities of $550,000. Windham Corporation's current ratio would be increased by: Multiple Choice the purchase of $140,000 of inventory on account. the payment of $140,000 of accounts payable. the collection of $140,000 of accounts receivable. refinancing a $140,000 long-term loan with short-term debt.
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Windham Corporation has current assets of $440,000 and current liabilities of $550,000. Windham Corporation's
Multiple Choice
the purchase of $140,000 of inventory on account.
the payment of $140,000 of accounts payable.
the collection of $140,000 of accounts receivable.
refinancing a $140,000 long-term loan with short-term debt.
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- Kingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ration be, given that the current ratio is current assets/current liabilities?Hydra Corporation has current assets of $1,600,000 and current liabilities of $850,000. If they pay $350,000 of their accounts payable what will their new current ratio be?You are given the following information. What is your liquidity ratio? Annual disposable income: $45,000 Total liabilities: $17,400 Annual savings: $2,400 Long-term assets: $85,000 Current ratio: 2 Debt-to-asset ratio: 0.2 Select one: a. 0.90 b. 0.56 c. 0.89 d. 0.53
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