Current ratio of a firm, The current ratio of a firm would

Current ratio of a firm

Reference no: EM13177207

The current ratio of a firm would be increased by which of the following?

a. Inventories are sold for cash.
b. Equipment is purchased, financed by a long-term debt issue.
c. Land held for investment is sold for cash.
d. Inventories are sold on a credit basis.

Reference no: EM13177207

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