Ferris Corp

question 52

Multiple Choice

Ferris Corp. wants to increase its current ratio from the present level of 1.5 when it closes the books next week. The action of __________ will have the desired effect.

• A) payment of current payables from cash
• B) sales of current marketable securities for cash
• C) write-down of impaired assets
• D) delay of next payroll
• E) None of the options are correct.