Which of the Following Would Help a Company Improve Its

question 72

Multiple Choice

Which of the following would help a company improve its quick ratio without necessarily lowering the liability risk to a creditor?

• A) Borrowing money on a long-term note just before the end of the accounting period.
• B) Shifting resources from long-term assets to short-term assets such as supplies and inventory.
• C) Shifting obligations from long-term liabilities to short-term liabilities.
• D) Acquiring inventory by issuing a long-term note.

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Definitions:

Mass Entertainment

Forms of entertainment designed to appeal and be accessible to a large audience, including movies, television, concerts, and sporting events.

Corporate Consolidation

The process where companies merge or are acquired, leading to a reduction in the number of companies in an industry and often increasing the market power of the remaining firms.

Work Force

The total number of a country's population who are employed or actively seeking employment.

Union Movement

A social and political movement that advocates for the rights and interests of workers, often through the formation and operation of labor unions.