Which of the Following Transactions Would Increase the Current Ratio

question 107

Multiple Choice

Which of the following transactions would increase the current ratio of a company if the ratio is currently more than 1 to 1?

• A)Paid the principal on a long-term note payable.
• B)Borrowed cash on a short-term note.
• C)Sold inventory for more than cost.
• D)Record amortization expense.

Recognize the concept of sociological imagination and its application in understanding personal and societal dynamics.

Identify the significance of social stratification and inequality in shaping life chances.

Grasp the relationship between micro (individual) and macro (societal) levels in sociological analysis.

Define and distinguish between sociological terms and concepts.

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Definitions:

Incontinence

The inability to control the excretion of urine or feces, leading to unintentional loss of bladder or bowel control.

Water Pills

Medications that increase urination to help reduce fluid retention in the body; also known as diuretics.

Diuretics

Medications or substances that promote the excretion of urine, used to manage fluid balance.

Stress Incontinence

A condition characterized by the involuntary leakage of urine in response to physical activities that increase abdominal pressure, such as coughing, sneezing, or exercising.