A Company with $70,000 in Current Assets and $50,000 in Current

question 113

Multiple Choice

A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will

• A) both decrease
• B) both increase
• C) increase and remain the same, respectively
• D) remain the same and decrease, respectively

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Definitions:

Executive Coaching

A personalized development process where a coach supports an executive or leader to enhance their performance and leadership skills.

Role Negotiation

A process in which employees discuss and define the specific duties, responsibilities, and expectations of their roles within an organization to ensure clarity and satisfaction.

Job Redesign

The process of altering a job setup or workflow to improve employee satisfaction, efficiency, and productivity.

Refreezing

The final step in Lewin’s change model, in which new attitudes, values, and behaviors are established as the new status quo.