All Other Things Being Equal, a Higher Current Ratio Indicates

question 23

Multiple Choice

All other things being equal, a higher current ratio indicates that:

• A) the company has excess cash
• B) the company's long- term debt is due soon
• C) a customer is likely to pay in full and on time
• D) a creditor is likely to be paid in full and on time

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Definitions:

Project Manager

A professional responsible for planning, executing, and closing projects, as well as managing the team and resources.

Project Quality Manager

A professional responsible for overseeing the quality aspects of a project, ensuring that it meets all predefined standards and requirements.

Work Processes

The systematic series of actions, steps, or procedures taken to achieve a specific outcome or product in a professional environment.

Punch List

A document listing work that does not conform to contract specifications, requiring completion or correction before a project is officially finished.