Multiple Choice
Which of the following would likely be most detrimental to a firm's current ratio if that ratio is currently 2.0?
A) Buy raw materials on credit.
B) Sell marketable securities at cost.
C) Pay off accounts payable with cash.
D) Pay off a portion of long-term debt with cash.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: The higher the times interest earned ratio,the
Q22: A firm reports an ROE of 14%,
Q23: What is the ROA of a firm
Q26: EVA is the net profit of the
Q69: Which of the following will increase a
Q70: A corporation declares $25 million in net
Q73: The sum of the payout ratio and
Q75: XYZ Corp.has improved its average collection period
Q76: What is the market price of a
Q78: A company has announced $50,000 in net