What is the effect of the payment of an account payable on the current ratio and the quick ratio, respectively? (Assume the current ratio was 2.3 times and the quick ratio was 2.1 times before this transaction.)
A) Decrease in current ratio; no effect on quick ratio
B) Increase in current ratio; increase in quick ratio
C) No effect on current ratio; no effect on quick ratio
D) Decrease in current ratio; decrease in quick ratio
B
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Answer the following statements true (T) or false (F)
1. Verbal communication typically decreases ones uncertainty. 2. According to EVT, behavioral violations are almost always negative. 3. Consensus is the best indicator of whether a behavior is situational or dispositional. 4. Early Attribution theory research posited that the intent of dispositional behaviors were the most important. 5. Personalism is when a person behaves in a manner to match social conventions.
On March 1, 2016, Emerson Services issued a 4% long-term notes payable for $16,000
It is payable over a 4-year term in $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2017. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. On March 1, 2017, ________. The accounting period ends on December 31. A) Emerson must accrue $4,000 of Interest Expense B) Emerson must accrue the coming $4,000 as the current portion of principal payment C) Emerson must pay $640 of interest to the note holder D) Emerson will receive $4,000 as an installment payment
A ____________________ appears when you regularly talk to and share information with certain people but not others.
Fill in the blank(s) with the appropriate word(s).
Pick a product imported from overseas and describe the intermodal options for bringing it to a retail location in your hometown?
What will be an ideal response?