Barney co.'s current ratio is 2:1. Which of the following transactions would normally increase Barneys's current ratio? A. purchasing inventory on account B. borrowing money by signing a long-term note C. collecting an account receivable D. purchasing land for cash

What effect, if any, does a payment received in full (receivable) is there on current ratio? -increase, decrease, or no effect - why?? Any help would be greatly appreciated!

How would the following actions affect a firm’s current ratio? 1. A customer prepays in full for specially ordered merchandise that it will take 60 days to manufacture. 2. Inventory is sold at the firm’s normal 35% markup cost.

How would the following actions affect a firm's current ratio? 1. inventory is sold 2. the firm takes out a bank loan to pay its suppliers 3. a customer pays its overdue bill 4. the firm uses cash to purchase additional inventories.

How would the following actions affect a firm's current ratio? 1. Inventory is sold. 2. The firm takes out a bank loan to pay its suppliers. 3. A customer pays its overdue bills. 4. The firm uses cash to purchase additional inventories Thank you