The Current Ratio of a Firm Would Be Decreased by Which

question 91

Multiple Choice

The current ratio of a firm would be decreased by which of the following?

• A) Land held for investment is sold for cash.
• B) Equipment is purchased, financed by a long-term debt issue.
• C) Inventories are sold for cash.
• D) Inventories are sold on a long-term credit basis.

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Definitions:

Big Data

Big Data describes extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

Volume

Refers to the quantity or amount of something, often used in the context of production, sales, or other measurements of scale.

Velocity

A measurement of both the speed and direction at which an object is moving.

Variety

The inclusion of different elements, features, or qualities within something, offering a range of choices or diversity.