Multiple Choice
Which of the following could explain a decrease in the quick ratio?
A) A change from FIFO to LIFO
B) A change in the depreciation method used
C) Slow-moving inventory
D) Increase in accounts payable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Which of the following is NOT true
Q13: Which of the ratios listed helps to
Q25: A company's current ratio is presently 2:1.
Q28: Which of the following could explain an
Q29: Saw Ltd's inventory at 30 June 2016
Q30: Unstable Ltd has decided to change its
Q33: Unstable Ltd has decided to change its
Q34: The following question relates to PQR,which has
Q35: Which of the following statements is true?<br>A)
Q36: Hard-up Ltd has a current ratio of