Walter Industries' Current Ratio Is 0

question 57

Multiple Choice

Walter Industries' current ratio is 0.5.Considered alone,which of the following actions would increase the company's current ratio?

• A) Borrow using short-term notes payable and use the cash to increase inventories.
• B) Use cash to reduce accruals.
• C) Use cash to reduce accounts payable.
• D) Use cash to reduce short-term notes payable.
• E) Use cash to reduce long-term bonds outstanding.

---

Definitions:

Therapy

A process designed to help individuals understand and manage their thoughts, behaviors, and emotions, often involving structured conversations with a trained professional.

Grieving Individual

A person who is experiencing the emotional, physical, psychological, and spiritual responses to loss or death.

Storytelling

The act of narrating stories, often used as a powerful method to transmit knowledge, culture, and values through generations.

Music

Artistic form of auditory communication incorporating instrumental or vocal tones in a structured and continuous manner.