Given That Carlson Corp

question 188

Multiple Choice

Given that Carlson Corp.'s current ratio is 3 to 2, what is the effect of obtaining a patent from the inventor in exchange for shares of stock in Carlson Corp.?

• A) The current ratio would increase.
• B) The current ratio would decrease.
• C) The current ratio would remain the same.
• D) Unable to determine.

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Definitions:

Strategic Plans

Strategic plans are long-term, high-level plans made by an organization to achieve specific goals, outlining the organization's mission, vision, and how it will differentiate itself from competitors.