A company with $60,000 in current assets and $40,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will

A) both decrease.
B) both increase.
C) increase and remain the same, respectively.
D) remain the same and decrease, respectively


C

Business

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The basic assumption that the picture of the present can be projected into the future is the basis of a

A. strategic goal. B. business plan. C. vision statement. D. SWOT analysis. E. trend analysis.

Business

Metric data are measured on a nominal or ordinal scale

Indicate whether the statement is true or false

Business

A "living will" is a will drafted and executed during a decedent's life.

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

Business

Equine World enters into a contract with FabuloSales to provide Equine World with a plan to repurpose its marketing strategy. If FabuloSales breaches the contract, Equine World has a duty to A) reduce the damages that Equine World might otherwise suffer

B) reduce the loss that FabuloSales might otherwise suffer. C) punish FabuloSales and deter others from similar acts. D) take no action.

Business