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    yakima's Avatar
    yakima Posts: 2, Reputation: 1
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    Feb 11, 2007, 08:32 PM
    Current ratios
    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's Avatar
    yakima Posts: 2, Reputation: 1
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    #2

    Feb 11, 2007, 08:33 PM
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