118. If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable to set - Financial Accounting Information The Alternative to Debits and Credits 8th Ed Porter

118. If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable to settle an open account will cause the ratio to decrease. True False


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Solupals - Textbook Solutions Financial Accounting Information The Alternative to Debits and Credits 8th Ed Porter