B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31, Year 2 and Year 1.
$\begin{array}{llr}
& \underline{\text { Year } 2}& \underline{\text { Year } 1}&\
\text {Current ratio } &40 \text { to}1&20 \text { to}1\
\end{array}$

-Refer to B-There Transportation.Suppose the company had a decrease in its cash account from Year 1 to Year 2.Would the other current asset amounts have increased or decreased? Explain.

Question

B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31, Year 2 and Year 1.
 $\begin{array}{llr}
& \underline{\text { Year } 2}& \underline{\text { Year } 1}&\
  \text {Current ratio  } &40 \text {  to}1&20 \text {  to}1\
\end{array}$

-Refer to B-There Transportation.Suppose the company had a decrease in its cash account from Year 1 to Year 2.Would the other current asset amounts have increased or decreased? Explain.

Quizplus · Accepted Answer

The Answer of B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31, Year 2 and Year 1.
 $\begin{array}{llr}
& \underline{\text { Year } 2}& \underline{\text { Year } 1}&\
  \text {Current ratio  } &40 \text {  to}1&20 \text {  to}1\
\end{array}$

-Refer to B-There Transportation.Suppose the company had a decrease in its cash account from Year 1 to Year 2.Would the other current asset amounts have increased or decreased? Explain.

B-There Transportation Calculated the Following Amounts Concerning Its Financial Information