Ferris Corp

question 71

Multiple Choice

Ferris Corp.wants to increase its current ratio from the present level of 1.5 when it closes the books next week.The action of __________ will have the desired effect.

• A)payment of current payables from cash
• B)sales of current marketable securities for cash
• C)write-down of impaired assets
• D)delay of next payroll
• E)None of the options

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