Question: 11 Which of the following changes of accounts would decrease the current ratio a.Increase of inventory b.Increase of share capital c.Increase of accounts payable d.None

11

  1. Which of the following changes of accounts would decrease the current ratio
  2. a.Increase of inventory
  3. b.Increase of share capital
  4. c.Increase of accounts payable
  5. d.None of the options would decrease the current ratio
  6. e.Increase of property plant and equipment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!