Other Things Held Constant, Which of the Following Will Not

question 34

Multiple Choice

Other things held constant, which of the following will not affect the quick ratio? (Assume that current assets equal current liabilities.)

• A) Fixed assets are sold for cash.
• B) Cash is used to purchase inventories.
• C) Cash is used to pay off accounts payable.
• D) Accounts receivable are collected.
• E) Long-term debt is issued to pay off a short-term bank loan.

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Definitions:

Refractory Period

A phase right after stimulation where a nerve or muscle cannot respond to additional stimulation.

Making Out

Engaging in an intense or passionate kissing session, often with the use of hands to touch the other person.

Vasocongestion

Engorgement of blood vessels.

Engorgement

The process of swelling or becoming engorged, often referring to body tissues, which can occur due to the accumulation of fluid or blood.