Which of the Following Transactions Would Immediately Increase a Company's

question 98

Multiple Choice

Which of the following transactions would immediately increase a company's return on assets ratio?

• A)Received cash from customers for goods sold to them on account last month.
• B)Borrowed cash from a local bank.
• C)Incurred expenses on account.
• D)Paid cash on accounts payable.

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Definitions:

Logical Conclusion

The final part of an argument or process, derived through reasoning from the premises or evidence presented.

Digital Information Fluency

The ability to find, evaluate, and use digital information effectively, critically, and ethically.

Organizational Problems

Issues or challenges within a company or organization that affect its efficiency, effectiveness, and productivity.

Information Flow

The movement and exchange of information within an organization or between entities.