Which of the Following Activities Will Increase a Firm's Current

question 48

Multiple Choice

Which of the following activities will increase a firm's current ratio?

• A) purchase inventory using cash
• B) buy equipment with a short-term bank loan
• C) accrued wages and taxes increase
• D) none of these statements will increase a firm's current ratio

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Definitions:

Mashed Food

Food that has been crushed or ground into a soft, uniform mixture, often to aid in consumption particularly among individuals with chewing difficulties.

Saliva

A digestive secretion of the salivary glands that empties into the stomach.

Cirrhosis

An interstitial inflammation with hardening of the tissues of an organ, especially the liver.

Chronic Disease

A long-lasting condition that can be controlled but not cured, often with significant impacts on daily living.