If a company increases its receivables turnover ratio and its inventory turnover ratio (assuming nothing else changes),

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If a company increases its receivables turnover ratio and its inventory turnover ratio (assuming nothing else changes), what impact will this have on the current ratio?
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally.    Inventory Turnover Ratio FormulaWhere,...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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