If a company has a current ratio of 2,which of the following measures will increase the current ratio?
A) Buying more inventory on short-term credit
B) Buying more inventory with cash
C) A customer paying an overdue account
D) Paying off a short-term bank advance with long-term debt
Correct Answer:
Verified
Q21: Which of the following does NOT apply
Q22: Which ratio is a measure of liquidity
Q23: If a company has a current ratio
Q24: Which of the following statements regarding dividends
Q25: An example of a liquidity ratio for
Q27: The greater the proportion of debt financing
Q28: If a company has a liquid ratio
Q29: Compared with a company's current ratio,the shareholders'
Q30: A company has a higher current ratio
Q31: Which of the following are current liabilities
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