Multiple Choice
If equal amounts are added to the numerator and the denominator of a current ratio equal to one, the ratio will
A) increase.
B) decrease.
C) remain the same.
D) equal zero.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q69: Which of the following statements is true
Q70: A company has a receivables turnover of
Q71: Grant Company reported the following on its
Q73: Match the classifications of ratios with each
Q75: In vertical analysis, line items on the
Q76: Match the classifications of ratios with each
Q77: If a company has an acid-test ratio
Q78: Liquidity ratios measure the ability of a
Q79: Indicate the type of each ratio listed
Q112: Indicate the type of each ratio listed