At the end of 2021, Barker Corporations preliminary trial balance indicated a current ratio of 1.3. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year. Determine whether the effect this transaction would increase or decrease the current ratio. Would your answer be the same if the preliminary trial balance indicated a current ratio of 0.8?

At the end of 2021, Barker Corporation's preliminary trial balance indicated a current ratio of 1.3. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year. Determine whether the effect this transaction would increase or decrease the current ratio. Would your answer be the same if the preliminary trial balance indicated a current ratio of 0.8? the current ratio. Preliminary trial balance current ratio of 1.3, a payoff of AP would Preliminary trial balance current ratio of 0.8, a payoff of AP would the current ratio

Question

At the end of 2021, Barker Corporations preliminary trial balance indicated a current ratio of 1.3. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year. Determine whether the effect this transaction would increase or decrease the current ratio. Would your answer be the same if the preliminary trial balance indicated a current ratio of 0.8?

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At the end of 2021, Barker Corporation's preliminary trial balance indicated a current ratio of 1.3. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year. Determine whether the effect this transaction would increase or decrease the current ratio. Would your answer be the same if the preliminary trial balance indicated a current ratio of 0.8? the current ratio. Preliminary trial balance current ratio of 1.3, a payoff of AP would Preliminary trial balance current ratio of 0.8, a payoff of AP would the current ratio