Use the table for the question(s) below.
Balance Sheet
Net property, plant,

-If the above balance sheet is for a retail company, what indications about this company would best be drawn from the changes in quick ratio between 2007 and 2008?
A) The company has eliminated the risk that it will experience a cash shortfall in the near future.
B) The company has reduced the risk that it will experience a cash shortfall in the near future.
C) The risk that the company will experience a cash shortfall in the near future is unchanged.
D) The company has increased the risk that it will experience a cash shortfall in the near future.

Question

Use the table for the question(s) below.
Balance Sheet
   Net property, plant,
 
-If the above balance sheet is for a retail company, what indications about this company would best be drawn from the changes in quick ratio between 2007 and 2008?
A) The company has eliminated the risk that it will experience a cash shortfall in the near future. 
B) The company has reduced the risk that it will experience a cash shortfall in the near future. 
C) The risk that the company will experience a cash shortfall in the near future is unchanged. 
D) The company has increased the risk that it will experience a cash shortfall in the near future.

Quizplus · Accepted Answer

The Answer of Use the table for the question(s) below.
Balance Sheet
   Net property, plant,
 
-If the above balance sheet is for a retail company, what indications about this company would best be drawn from the changes in quick ratio between 2007 and 2008?
A) The company has eliminated the risk that it will experience a cash shortfall in the near future. 
B) The company has reduced the risk that it will experience a cash shortfall in the near future. 
C) The risk that the company will experience a cash shortfall in the near future is unchanged. 
D) The company has increased the risk that it will experience a cash shortfall in the near future.

Use the Table for the Question(s) Below