Multiple Choice
Gator Corporation currently has a current ratio equal to 0.65.If Gator Corporation increases current assets and current liabilities by the same amount, what will happen to their current ratio?
A) Increase
B) Decrease
C) Stay the same
D) Change, but more information is required to determine the direction of the change.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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