Solved

Which of the Following Would Help a Company Improve Its

Question 72

Multiple Choice

Which of the following would help a company improve its quick ratio without necessarily lowering the liability risk to a creditor?


A) Borrowing money on a long-term note just before the end of the accounting period.
B) Shifting resources from long-term assets to short-term assets such as supplies and inventory.
C) Shifting obligations from long-term liabilities to short-term liabilities.
D) Acquiring inventory by issuing a long-term note.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions