Rialto Company collected $5,000 on account. What impact will this transaction have on the firm's current ratio?

A. No impact
B. Decrease it
C. Increase it
D. Not enough information is provided to answer the question.


Answer: A

Business

You might also like to view...

________ operates an international word-of-mouth media network powered by 1 million demographically diverse, ordinary people who volunteer to talk up the products they deem worth promoting

A) Brand Advocates B) Vocalpoint C) P&G D) BzzAgent E) Influentials

Business

Companies such as Target and Netflix are seeing the power of what type of reward, as they shift their focus?

a. External b. Natural c. External and Natural d. External, Natural, Physical

Business

Operations managers must be able to anticipate changes in which of the following?

A) product mix B) product opportunities C) the products themselves D) product volume E) all of the above

Business

Lean and Six Sigma ______.

a. are pretty much the same thing b. are both required to reduce waste and add value c. are now jointly referred to as Six Lean Sigma d. evolved at the same time

Business