Survey Of Accounting
Survey Of Accounting
5th Edition
ISBN: 9781259631122
Author: Edmonds, Thomas P.
Publisher: Mcgraw-hill Education,
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Chapter 9, Problem 19P
To determine

Company RM has a current ratio of 3:1 on December 31, 2018. Indicate whether each of the following transactions would increase (+), decrease (−), or have no effect (NA) on Company RM’s current ratio and its working capital.

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