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Sladkaya [172]
3 years ago
10

Which one of the following actions will increase the current ratio, all else constant? Assume the current ratio is greater than

1.0.A) Cash purchase of inventoryB) Cash payment on an account receivableC) Cash payment of an account payableD) Credit sale of inventory at costE) Cash sale of inventory at a loss
Business
1 answer:
Greeley [361]3 years ago
3 0

Answer:

C) Cash payment of an account payable

We know that the current ratio is greater than 1, and in the formula for current ratio the assets are in the numerator and liabilities in the denominator, in this case an asset is increasing for the same account that a liability is decreasing by. So whenever the the value is above one and the numerator and denominator are decreased by the same amount the value increases.

Explanation:

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The correct word for the blank space is: the production.

Explanation:

A firm is a business or organization that produces goods or services on a for-profit basis. While the term is typically related to law firms, it applies to an array of entities. For example, a firm can be a corporation which is a legal entity that is separate from its owners and enjoys the right to entering contracts, loan, and borrow money or conduct other business.

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Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.

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Explanation:

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Project risk is lowest during the: Finish phase of the project life cycle. Conceive phase of the project life cycle. Develop pha
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Finish phase of the project life cycle.

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