Considered Alone, Which of the Following Would Increase a Company's

question 50

Multiple Choice

Considered alone, which of the following would increase a company's current ratio?

• A) An increase in accounts payable.
• B) An increase in net fixed assets.
• C) An increase in accrued liabilities.
• D) An increase in notes payable.
• E) An increase in accounts receivable.

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Definitions:

Outer Space Treaty

An international agreement that forms the basis of international space law, governing activities in outer space.

Supervisory Authority

An organization or body empowered with the legal right to oversee, direct, and regulate activities within certain boundaries.

Jurisdiction and Control

Refers to the authority which a legal body has to govern or enforce laws within a certain area or over certain persons.

Celestial Body

An object in space such as a planet, star, moon, or asteroid that is located outside Earth's atmosphere.