Multiple Choice
If current assets exceed current liabilities, the payment of creditors will:
A) increase the current ratio.
B) decrease the current ratio.
C) increase the level of cash held.
D) do none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: The statement concerning the average settlement period
Q42: Blue Company reported: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1442/.jpg" alt="Blue Company
Q43: Using the formula gearing ratio = long-term
Q44: The ratios that measure the degree of
Q45: The type of analysis being carried out
Q47: Why is interest added back to profit
Q48: The ratio that helps to measure the
Q49: Which of these ratios measure returns to
Q50: If Sharpe Products Ltd has a asset
Q51: The ratios that are specifically concerned with