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A company's current ratio and acid-test ratios are both greater than 1. If obsolete inventory is written off, this would decrease the acid-test ratio. increase

A company's current ratio and acid-test ratios are both greater than 1. If obsolete inventory is written off, this would decrease the acid-test ratio. increase the acid-test ratio. decrease the current ratio. increase net working capital.
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A company's current ratio and acid-test ratios are both greater than 1. If obsolete inventory is written off, this would decrease the acid-test ratio. increase the acid-test ratio. decrease the current ratio. increase net working capital

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