Increasing the current ratio
Asked Mar 5, 2007, 07:39 AM
Propose several legitimate steps that management might take to increase the company's current ratio prior to year-end. (a chain of retail stores selling building materials, hardware and garden supplies)
-Paying some debts.
-Increasing your current assets from loans or other borrowings with a maturity of more than one year.
-Converting non-current assets into current assets.
-Increasing your current assets from new equity contributions.
-Putting profits back into the business.
Elaborate pleeasee.. :)
Last edited by yungrockr; Mar 5, 2007 at 08:43 AM.