Which of the Following Would Generally Indicate an Improvement in a Company's

question 76

Multiple Choice

Which of the following would generally indicate an improvement in a company's financial position,holding other things constant?

• A) The TIE declines.
• B) The DSO increases.
• C) The quick ratio increases.
• D) The current ratio declines.
• E) The total assets turnover decreases.

---

Definitions:

Universality

A principle that suggests certain concepts or ethical judgments are universally applicable and valid across different cultures and situations.

Respect for Persons

A principle that emphasizes treating individuals with dignity, acknowledging their autonomy, and recognizing their rights.

Categorical Imperative

A foundational concept in Kantian ethics that proposes an action is morally right if it can be universally applied as a principle for behavior, emphasizing duty over consequences.

Law of Reason

A principle suggesting that the laws governing human conduct should be based on logic, ethics, and rationality rather than on arbitrary dictums or supernatural beliefs.