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:

Acetyl CoA

is a molecule that plays a crucial role in metabolism, serving as a substrate for the Krebs cycle in cellular respiration.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and chemical energy.

Anaerobic Respiration

A form of respiration that occurs in the absence of oxygen, allowing cells to convert glucose into energy and producing by-products such as lactic acid or ethanol.

Muscle Cramps

Sudden, involuntary contractions of one or more muscles often causing intense pain.