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Question #68893

If a company revaluates its fixed assets, the current ratio of the company will:

Options:

A) Improve if assets are revalued upward

B) Remain unaffected

C) Improve if assets are revalued downwards

D) Undergo change only if liabilities are remaining constant

Answer: If a company revaluates its fixed assets, the current ratio of the company will: Remain unaffected.

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