A Decrease in the Current Asset to Total Asset Ratio

question 16

Multiple Choice

A decrease in the current asset to total asset ratio has the effects of ________ on profits and ________ on risk.

• A) an increase; an increase
• B) an increase; a decrease
• C) a decrease; a decrease
• D) a decrease; an increase

---

Definitions:

Real Defense

Legal defenses that can be used to challenge the validity of a contract, citing reasons such as fraud or duress.

Personal Defense

Strategies, practices, and methods used by an individual to protect themselves from harm or danger.

Promissory Note

A written promise to pay a specified sum of money to a certain individual or entity at a specified time or on demand, under specified conditions.

Fraud in the Inducement

A deceitful practice where a person is misled through misrepresentation to enter into a contract or agreement.