Current ratios

yakima · #1 Feb 11, 2007, 06:32 PM

Current Ration, How would the following actions affect a firm’s current ratio?
A.Inventory is sold at cost.
B.The firm takes out the bank loan to pay its accounts due.
C.A customer pays its accounts receivable.
D.The firm uses cash to purchase additional inventories.

yakima · Feb 11, 2007, 06:33 PM

can't answer



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!