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Commerce · Q682

Accounting

Graduate and Post Graduate · Commerce · question 682

Q682

If the current ratio of a company is 2 : 1, which of the following transactions would improve the ratio?

A.
Issue of bonus shares
B.
Issue of warrant
C.
Purchase of stock of goods for cash
D.
Payment of current liabilities
Answer

Answer: Option D

Solution

Answer: Option D
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