A company has a current ratio of 2 to 1. This ratio will decrease if the companyGroup of answer choicesReceives a 5% stock dividend on one of its marketable securitiesBorrows cash on a six-month notePays large accounts payable which had been a current liabilitySells merchandise for more than the cost and records the sale of perpetual inventory method.No answer text provided.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

The current ratio is calculated as follows: Current Ratio = Current Assets / Current Liabilities

Let's analyze each option:

A) Receives a 5% stock dividend on one of its marketable securities: This will not affect the current ratio as both the numerator (current assets) and the denominator (current liabilities) remain unchanged.

B) Borrows cash on a six-month note: This will increase the current ratio as it increases current assets (cash) without affecting current liabilities.

C) Pays large accounts payable which had been a current liability: This will decrease the current ratio as it decreases both current assets (cash) and current liabilities (accounts payable), but the decrease in current liabilities is larger.

D) Sells merchandise for more than the cost and records the sale of perpetual inventory method: This will increase the current ratio as it increases current assets (cash from sales) and decreases current liabilities (inventory).

Therefore, the current ratio will decrease if the company pays large accounts payable which had been a current liability.