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2 years ago

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will an increase in accounts receivable affect each ratio

Business

1 answer:

Law Incorporation [45]2 years ago

3 0

Answer:

Increased

Explanation:

The current ratio is calculated by dividing the current assets with the current liabilities. As the receivable is known as a current asset, the increase in receivable will no doubt increase the current asset, and as we all know when the numerator increases the final result also increases. The same case in quick ratio as the receivable increase the numerator will also increase and due to that the final result will also be increased.

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BabaBlast [244]

Answer:

Option C is the correct one.

Cognitive

Explanation:

Increasingly concerned about my minor heartbeat irregularities, I think that my health is being threatened, and more and more often I misinterpret my body's normal signals. The cognitive viewpoint best explains the experiences.

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3 years ago

Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui

olasank [31]

Answer:

Assumptive close

Explanation:

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$\boxed{\sf Discount=Sold\:Price-Cost\!Price}$

Or simply

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3 years ago

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goblinko [34]

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3 years ago

The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of the good rises, and

oksano4ka [1.4K]

The given statement about the law of demand is false and the appropriate law is explained below.

<h3>What is Law of Demand?</h3>

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Read more about law of demand here:
brainly.com/question/1078785

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1 year ago

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irga5000 [103]

Russia, Iran, Japan, South Korea, Mexico, Brazil, Arabia and Belgium

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