Which of the following will improve liquidity? 1. A company purchases a new truck with...
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Accounting
Which of the following will improve liquidity?
1. A company purchases a new truck with cash. 2. A company receives cash from taking out a long-term loan that is due in five years. 3. A company substantially increases credit sales and expects to collect all of the credit sales in the current account period.
4. A company purchases inventory on credit but is having trouble selling the inventory as most of it has become obsolete.
5. A company took out a long-term loan four years ago. The loan is due next month.
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