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B-There Transportation Calculated the Following Amounts Concerning Its Financial Information

Question 193

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B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31, 2019 and 2018. B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31, 2019 and 2018.   -Refer to B-There Transportation. Suppose the company had a decrease in its cash account from 2018 to 2019. Would the other current asset amounts have increased or decreased? Explain.
-Refer to B-There Transportation. Suppose the company had a decrease in its cash account from 2018 to 2019. Would the other current asset amounts have increased or decreased? Explain.

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Since the current ratio increased from 2...

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