Question: the correct answer is D. But I dont understand why iv is correct since I think current ratio will not change. (i) Cochlear's current ratio

 the correct answer is D. But I dont understand why iv

the correct answer is D. But I dont understand why iv is correct

since I think current ratio will not change.

(i) Cochlear's current ratio is 2.72. Suppose current assets and current liabilities increase by the same dollar amount. Consider the following statements: net working capital increases (ii) net working capital is unchanged (iii) current ratio increases (iv) current ratio decreases Which of the following statements is correct: lect one: A. (i) and (iii) are both true. B. (i) and (iv) are both true. C. (ii) and (iii) are both true. D. (ii) and (iv) are both true. E. None of the above

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