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1. Which one of the following would be most detrimental to a firm's current ratio if that ratio is currently 2?

Collecting payment on an accounts receivable

Selling Marketable securities at cost

Paying off accounts payable with cash

Purchasing inventory on credit

2. Unlike an arbitrator, a mediator ________.

A) cannot be chosen by the disputing parties

B) can only be appointed by the Supreme Court

C) cannot impose a binding solution on the disputing parties

D) can impose a binding solution only on any one of the disputing parties

E) is not a neutral party

Financial Management, Finance

  • Category:- Financial Management
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