The firm would like to increase its current ratio. This goal would be accomplished most profitably by ________. (See Table 14.2)
A) increasing accounts payable
B) decreasing inventory
C) increasing accounts receivable
D) decreasing cash and cash equivalents
C
You might also like to view...
Marketing researchers usually draw conclusions about large groups of consumers by studying a small ________ that is selected to represent the population
A) group B) target group C) population D) sample E) audience
An Export-Import Bank is a(n):
a. large global bank that makes loans exclusively to international firms. b. U.S. government export finance agency that seeks to level international competition. c. derivatives market run by a syndicate of large banks. d. an organization that provides secure communications for trade documents. e. organization that provides large, wholesale dollar payments services for governments.
Janice wrote a song called "Feelings of Love." She wrote the piano score and lyrics for a class she was taking at college and turned it into her professor
a. Janice's song was automatically copyrighted when she wrote it down on paper. b. If Janice wishes to enforce her copyright, she must first register her song with the Copyright Office. c. Both of the above are correct. d. Neither a nor b.
A merchandiser uses a perpetual inventory system. The third step in the process of closing the accounts of a merchandiser is to ________
A) make the revenue accounts equal to zero via the Income Summary account B) make the Income Summary account equal to zero via the Dividends account C) make the expense accounts equal to zero via the Income Summary account D) make the Income Summary account equal to zero via the Retained Earnings account