If a firm's existing quick ratio is 1.2, and all other variables remain unchanged, the quick ratio can be increased by:
A)repayment of a loan.
B)purchase of fixed assets using a loan.
C)receiving interest income.
D)collecting accounts receivable.
E)purchase of fixed assets for cash.

Question

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The Answer of If a firm's existing quick ratio is 1.2, and all other variables remain unchanged, the quick ratio can be increased by:
A)repayment of a loan.
B)purchase of fixed assets using a loan.
C)receiving interest income.
D)collecting accounts receivable.
E)purchase of fixed assets for cash.

If a Firm's Existing Quick Ratio Is 1