B-There Transportation
B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31,2013 and 2012.
$\begin{array}{llcc}
&\underline{2013} & \underline{2012} \
\text { Current Ratio. } &4.0 \text { to }1&2.0 \text { to }1
\end{array}$
- Refer to B-There Transportation.Suppose the company had a decrease in its cash account from 2012 to 2013.Would the other current asset amounts have increased or decreased? Explain.

Question

B-There Transportation
B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31,2013 and 2012.
 $\begin{array}{llcc}
&\underline{2013} & \underline{2012} \
 \text { Current Ratio. } &4.0 \text { to }1&2.0 \text { to }1
\end{array}$
- Refer to B-There Transportation.Suppose the company had a decrease in its cash account from 2012 to 2013.Would the other current asset amounts have increased or decreased? Explain.

Quizplus · Accepted Answer

The Answer of B-There Transportation
B-There Transportation calculated the following amounts concerning its financial information for the years ending December 31,2013 and 2012.
 $\begin{array}{llcc}
&\underline{2013} & \underline{2012} \
 \text { Current Ratio. } &4.0 \text { to }1&2.0 \text { to }1
\end{array}$
- Refer to B-There Transportation.Suppose the company had a decrease in its cash account from 2012 to 2013.Would the other current asset amounts have increased or decreased? Explain.