Multiple Choice
When a company accrues salaries at the end of the accounting period:
A) Its acid-test ratio increases.
B) Its current ratio increases.
C) Its debt to equity ratio decreases.
D) Its debt to equity ratio increases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Balance sheets prepared under IFRS often exclude
Q18: Using an example, discuss the techniques that
Q19: The balance sheet for Altoid Co. is
Q20: Which of the following would be an
Q21: Carter Appliances is preparing its annual report
Q23: Which of the following is not a
Q24: Assets classified as property, plant, and equipment
Q25: Listed below are five terms followed by
Q26: The condensed balance sheet and income statement
Q27: The following partial balance sheet ($ in