Question: An increase in current liabilities means that [more / less] cash was freed up. The cash not paid to suppliers is still in the C
An increase in current liabilities means that [more / less] cash was freed up. The cash not paid to suppliers is still in the C account.
This is why, in times when cash is low, a business tries to keep current liabilities as [high / low] as feasible.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
