When Inventory Is Purchased on Account,what Will Happen to the Current

question 117

Multiple Choice

When inventory is purchased on account,what will happen to the current ratio?

• A) It will decrease.
• B) It will increase.
• C) It will vanish.
• D) It will be unchanged.

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Definitions:

Biological and Chemical Weapons

Weapons that utilize toxic materials or infectious agents to harm or kill humans, animals, or plants.

Will to Develop

The determination and commitment shown by individuals or societies to improve economic conditions, infrastructure, and standards of living through innovation and investment.

Economic Growth

An increase in a country’s ability to produce goods and services, reflected in an increase in real GDP over time.

Human Capital Investment

The process of increasing the value of a workforce through education, training, and health improvements.