Which of the Following Transactions Would Increase a Firm's Current

question 8

Multiple Choice

Which of the following transactions would increase a firm's current ratio?

• A) Purchase of inventory on account
• B) Payment of accounts payable
• C) Collection of accounts receivable
• D) Purchase of temporary investments for cash

---

Definitions:

Simple Conflict

A basic disagreement or clash between parties with differing opinions, interests, or goals, which is typically uncomplicated and resolvable through communication.

Ego Conflict

occurs when a disagreement or confrontation challenges an individual's sense of self-esteem or identity.

Ego Conflict

A type of conflict that arises when a disagreement becomes personal, leading to attacks on someone's character or self-esteem.

Temper Flares

A sudden outburst of anger or frustration.