Multiple Choice
Comparing this year's results to last year's,Hector discovered that his firm's current ratio improved from 1.5 to 2.0.What has happened?
A) Current liabilities have decreased.
B) Fixed assets have increased.
C) Ownership equity has increased.
D) Long-term debt has decreased.
Correct Answer:
Verified
Correct Answer:
Verified
Q62: Match the term with its definition.<br>-A measure
Q102: Match the term with its definition.<br>a.Cost of
Q104: Match the term with its definition.<br>a.Accrual-basis accounting<br>b.Cash-basis
Q105: Lance is trying to decide whether to
Q106: To calculate his company's _,Edgar will subtract
Q106: Match the term with its definition.<br>-Earnings that
Q109: Match the term with its definition.<br>a.Balance sheet<br>b.Debt<br>c.Dividend<br>d.Financial
Q110: Match the term with its definition.<br>a.Cost of
Q111: Match the term with its definition.<br>a.Cost of
Q112: Match the term with its definition.<br>a.Balance sheet<br>b.Debt<br>c.Dividend<br>d.Financial