The current ratio

a. is generally smaller than the quick ratio.
b. decreases when a company becomes more liquid.
c. increases when a company allows more customers to charge on account instead of collecting cash.
d. is larger when a company is more liquid.


d

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1. Type A behavior has been associated with decreased work performance.  2. Sets of behaviors that people expect of occupants of a position are known as roles.  3. Having to decide between working late at your boss's request or attending your child's birthday party is an example of role overload.  4. Boredom, irritability, and nervousness can be symptoms of stress. 

Business

Choose the option below that reflects the correct order in which to prepare the three financial statements

A. Balance Sheet; Income Statement; Statement of Owner's Equity. B. Income Statement; Balance Sheet; Statement of Owner's Equity. C. Statement of Owner's Equity; Balance Sheet; Income Statement. D. Income Statement; Statement of Owner's Equity; Balance Sheet.

Business

As a joke, Jem takes Kyla's business law textbook and hides it so that Kyla cannot find it during the week before the exam. Jem may have committed

a. appropriation. b. conversion. c. disparagement of property. d. trespass to personal property.

Business

A petition and an order of the court serve the same purpose

Indicate whether the statement is true or false.

Business