Xyz healthcare organization had a current ratio of 140, Ask an Expert

Finance

XYZ healthcare organization had a current ratio of 1.40. Which of the following transactions will increase the company's current ratio ?

A. The organization collects $500,000 of its accounts receivable

B. The organization buys $1 million of supplies on credit

C. The organization pays back $50,000 of its long-term debt

D. The organization receives $518,000 in cash from its parent corporation

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92400555

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