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Windham Company has current assets of $400,000 and current liabilities of $500,000 Windham Company’s current ratio will be increased by A. The purchase of $100,000 of inventory on account. B. The payment of $100,000 of accounts payable. C. The collection of $100,000 of accounts receivable. D. Refinancing a $100,000 long-term loan with short-term debt. |