Business, 23.08.2020 01:01 tdyson3p6xvtu

A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is correct if it uses cash to pay off $50,000 in accounts payable? 1) Current ratio will increase to 5.0.
2) Net working capital will increase to $500,000.
3) Current ratio will decrease.
4) Net working capital will not change.

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A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is...

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