All Other Things Equal,a Higher Current Ratio Indicates That ________

question 39

Multiple Choice

All other things equal,a higher current ratio indicates that ________.

• A) a company has excess cash to pay liabilities
• B) a short-term creditor is likely to be paid in full and on time
• C) a company's long-term debt is coming due within the next year
• D) a company's short-term debt is coming due within the next year

---

Definitions:

Winning New Customers

Strategies and efforts aimed at attracting individuals to become new buyers or clients of a product or service.

Winning Back

The efforts of a company to regain former customers or market share that has been lost.

Lost Customers

Individuals or entities that have ceased purchasing or engaging with a business over a certain period, indicating churn.

Cross Selling

The practice of selling additional products or services to an existing customer, often to increase revenue without the cost of acquiring a new customer.