A Company Has a Current Ratio of 2

question 80

Multiple Choice

A company has a current ratio of 2.0 and a quick ratio of 1.4.If the company then collects an accounts receivable,which of the following is a true statement?

• A)The current ratio will not change and the quick ratio will increase.
• B)The current ratio will increase and the quick ratio will increase.
• C)The current ratio and the quick ratio will not change.
• D)The current ratio will increase and the quick ratio will decrease.

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Definitions:

Unsafe Working Conditions

Workplace environments that pose potential risks to the health and safety of employees, often violating safety standards and regulations.

Worker Rights

Legal, ethical, and social principles that advocate for the fair treatment and well-being of employees in the workplace.

Business Problem

An issue or obstacle that affects the operational or financial performance of a company, requiring management attention and resolution.

Practical Standpoint

A perspective or approach based on practical considerations, often emphasizing practical outcomes and solutions over theoretical ones.