If a company has a current ratio of 0.9,in order to improve its current ratio it might:
A) increase its current assets by decreasing its inventory.
B) use more long-term debt to decrease current liabilities.
C) decrease its large amounts of accounts receivable.
D) decrease its large amount of accounts to pay to increase its current liabilities.
Correct Answer:
Verified
Q18: The risk that impacts specifically on the
Q19: Compared with fixed interest securities,shares offer:
A) capital
Q20: Which of the following about share market
Q21: Which of the following does NOT apply
Q22: Which ratio is a measure of liquidity
Q24: Which of the following statements regarding dividends
Q25: An example of a liquidity ratio for
Q26: If a company has a current ratio
Q27: The greater the proportion of debt financing
Q28: If a company has a liquid ratio
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents