Comparing This Year's Results to Last Year's, Thabo Discovered That

question 64

Multiple Choice

Comparing this year's results to last year's, Thabo discovered that his business's current ratio improved from 1.5 to 2.0.What has happened?

• A)Current liabilities have decreased.
• B)Non-current assets have increased.
• C)Equity has increased.
• D)Non-current liabilities decreased.

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Definitions:

Defamatory Letter

A written communication that damages someone's reputation by making false and harmful statements.

Libel

A form of defamation expressed through written, printed, or otherwise published material harming a person's reputation.

Bulletin Board

A surface intended for the posting of public messages, announcements, or notices.

Disclosure of Private Facts

A legal claim involving the release of truthful, private information that is not of public concern and would be highly offensive to a reasonable person if made public.