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Which groups is most likely to be pleased by the increase

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Reference no: EM132822522

Problem 1: During the first quarter of the previous year, the current ratio at the Blue Hotel was 1.25 to 1. Three months into the new year, the current ratio is 2 to 1. For every dollar of current liabilities, the hotel now has two dollars of current assets. Which of the following groups is most likely to be pleased by this increase in the hotel's current ratio?

a. owners

b. managers

c. creditors

Reference no: EM132822522

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