An Increase in the Current Ratio Implies That the Profitability

question 153

True/False

An increase in the current ratio implies that the profitability of the company has increased from the previous period.

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Definitions:

Acceptance Message

Involves communication that indicates the reception and agreement to a proposal or offer.

Respond Favorably

To react or reply to something in a positive or agreeable manner.

Imperative Mood

A grammatical mood expressing commands, requests, or instructions in a direct manner.

Business Writing

A style of professional communication used in the workplace for purposes like reports, emails, proposals, and memos, emphasizing clarity and conciseness.