Other Things Held Constant, Which of the Following Will Not

question 22

Multiple Choice

Other things held constant, which of the following will not affect the current ratio, assuming an initial current ratio greater than 1.0?

• A) Fixed assets are sold for cash.
• B) Long-term debt is issued to pay off current liabilities.
• C) Accounts receivable are collected.
• D) Cash is used to pay off accounts payable.
• E) A bank loan is obtained, and the proceeds are credited to the firm's checking account.

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Definitions:

Evidence-Based Guidelines

These are recommendations for patient care that are developed through a systematic review of evidence and an assessment of the benefits and harms of alternative care options.

Blood Glucose Levels

The concentration of sugar in the blood, important for diagnosing and managing diabetes.

Closed Gloving

A technique used in sterile environments, such as operating rooms, to put on gloves without contaminating them or the wearer’s hands.

Sterile Gown

A specially designed gown worn by healthcare workers during surgical procedures to maintain a sterile environment and prevent infection.