Question: If Current Asset is same for all years, but Current Liabilities increase every year, what will happen to Current Ratio Select one: a. Increase if

 If Current Asset is same for all years, but Current Liabilities

If Current Asset is same for all years, but Current Liabilities increase every year, what will happen to Current Ratio Select one: a. Increase if Quick Ratio decrease O b. Decrease if Quick Ratio decrease c. Decrease O d. Increase Which formula is correct? Select one: a. Asset - Liability = Equity b. Asset = Liabilities - Equity Data

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