Imagine FASB passes a new rule that required the capitalization of R&D. The effect for a drug company would be to:
A) Increase its current ratio
B) Decrease debt/equity ratio
C) Decrease working capital
D) Improve asset turnover

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The Answer of Imagine FASB passes a new rule that required the capitalization of R&D. The effect for a drug company would be to:
A) Increase its current ratio
B) Decrease debt/equity ratio
C) Decrease working capital
D) Improve asset turnover

Imagine FASB Passes a New Rule That Required the Capitalization