Which of the Following Will Increase a Firm's Quick Ratio

question 37

Multiple Choice

Which of the following will increase a firm's quick ratio assuming no other accounts change?

• A) A reduction in accounts payable.
• B) An increase in accounts receivable.
• C) An increase in inventory.
• D) All of these statements will increase a firm's quick ratio.

---

Definitions:

Thai Temple Complexes

Architectural and religious complexes in Thailand, typically Buddhist, consisting of a collection of buildings such as stupas, viharas, and ordination halls.

Transitory Change

Temporary alterations in economic or financial variables that do not have lasting effects on the overall system.

Cost Of Living Adjustment

An increase in income or wages to counteract inflation, aimed at maintaining an individual's standard of living.

Education

The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and directed research.