Other Things Held Constant, an Increase in ________ Will Decrease

question 86

Multiple Choice

Other things held constant, an increase in ________ will decrease the current ratio. Assume an initial current ratio greater than 1.0.

• A) accruals
• B) common stock
• C) average collection period
• D) cash

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Definitions:

Carnival Roulette Wheel

A game of chance found at carnivals or fairs, where participants bet on where a ball will land on a spinning wheel.

Cost to Play

The financial amount required to participate in a particular market, activity, or investment.

Gain

An increase in wealth, resources, or advantage, often resulting from investment or competitive activities.

Lose

To be deprived of or cease to have or retain something, often used in contexts of competition or misplacement.