An Increase in the Current Ratio Over Time Is Always

question 68

True/False

An increase in the current ratio over time is always a good indication of increased liquidity of the firm.

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Definitions:

Random Variable

A variable representing the numerical results possible from a stochastic process.

Microcomputer

A small, relatively inexpensive computer typically used for personal or small business tasks.

Breakdown

A detailed analysis or classification of something into its component parts.

Probability Distribution

A mathematical function that calculates the likelihood of various potential outcomes of an experiment.