Question: answer Can the going concerns risk assessment be evaluated by only using the current ratio trend analysis? O No. Even though the current ratio decreased,

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answer Can the going concerns risk assessment be
Can the going concerns risk assessment be evaluated by only using the current ratio trend analysis? O No. Even though the current ratio decreased, there are other financial ratios that should be used for the going-concern risk assessment. O Yes. Since the current ratio decreased in the last three quarters, there is a going concern risk. O Yes. Since the current ratio increased in the last three quarters, there is no going concern risk. O No. Even though the current ratio increased, there are other financial ratios that should be used for the going-concern risk assessment. Save for Later Attempts: 0 of 2 used (c) What conclusion can be made from the trends showing in the current ratio and debt ratio? O Since the debt ratio is increasing and the current ratio is increasing, we can conclude that long-term liabilities are trending higher than non-current assets. O Since the debt ratio is decreasing and the current ratio is increasing, we can conclude that long-term liabilities are trending lower than non-current assets. O Since the debt ratio is increasing and the current ratio is decreasing, we can conclude that long-term liabilities are trending higher than non-current assets. O Since the debt ratio is increasing and the current ratio is increasing, we can conclude that long-term liabilities are trending lower than non-current assets

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