Other Things Held Constant, Which of the Following Will Not

question 22

Multiple Choice

Other things held constant, which of the following will not affect the current ratio, assuming an initial current ratio greater than 1.0?

• A) Fixed assets are sold for cash.
• B) Long-term debt is issued to pay off current liabilities.
• C) Accounts receivable are collected.
• D) Cash is used to pay off accounts payable.
• E) A bank loan is obtained, and the proceeds are credited to the firm's checking account.

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Definitions:

Osteoblast

A type of bone cell responsible for creating new bone material, a crucial part of bone growth, repair, and remodeling.

Osteocyte

A mature bone cell, embedded within the matrix, that maintains the bone tissue.

Osteoclast

A type of bone cell that breaks down bone tissue, a process essential for bone remodeling and calcium homeostasis.

Extensive ER

A condition or state where the endoplasmic reticulum, a cellular structure involved in protein and lipid synthesis, is significantly widespread or developed within a cell.