Mother's Company Has Current Assets of $900,000 and Current Liabilities

question 129

Multiple Choice

Mother's Company has current assets of $900,000 and current liabilities of $1,000,000.Mother's Company's current ratio would be increased by

• A)borrowing $100,000 on a line-of-credit (short-term loan).
• B)purchase of merchandise inventory costing $100,000 cash.
• C)purchase of marketable equity securities for $100,000 cash.
• D)paying $100,000 of wages payable.
• E)none of the above.

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Definitions:

Deviant

Behavior or actions that deviate from societal norms or values, often arousing negative social sanctions.

Dysfunctional

Refers to behaviors or relationships that are abnormal or impaired, often leading to negative consequences.

Behavior

The range of actions and mannerisms made by individuals, organisms, systems, or artificial entities in conjunction with themselves or their environment.

ADHD

ADHD (Attention Deficit Hyperactivity Disorder) is a neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsiveness.