Which of the following transactions would decrease a company’s current ratio?

Accounting
Tutor: None Selected Time limit: 1 Day

A)Selling goods to a customer on account

B)Using cash to settle a long-term liability

C)Purchasing inventory for cash 

D)Refinancing a short-term liability with a long-term note payable

E,Receiving payment from a customer w outstanding customer acc recei

Dec 14th, 2014

B)Using cash to settle a long-term liability

Dec 14th, 2014

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Dec 14th, 2014
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Dec 14th, 2014
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