At the Beginning of the Year,a Company's Current Ratio Is

question 88

Multiple Choice

At the beginning of the year,a company's current ratio is 2.2.At the end of the year,the company has a current ratio of 2.5.Which of the following could help explain the change in the current ratio?

• A)An increase in inventories.
• B)An increase in accounts payable.
• C)An increase in property,plant,and equipment.
• D)An increase in bonds payable.

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Definitions:

Traits

Characteristic patterns of thoughts, feelings, and behaviors that make a person unique and tend to be consistent over time.

Introversion

A characteristic of personality that emphasizes the importance of inner emotions over external stimuli.

Person-situation Controversy

The debate surrounding whether behavior is more influenced by personality traits or situational factors.

Environments

Environments encompass all the external physical and social conditions that influence individuals or communities and their development.