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Directions: Click the Case Link above and use the information provided in Revolutionary Designs, Inc., Part B, to answer this question: Which of the following
Directions: Click the Case Link above and use the information provided in Revolutionary Designs, Inc., Part B, to answer this question: Which of the following statements best describes the trend in Revolutionary Designs' current ratio for the three years provided in the financial statements? (Carry your calculation to two decimal places.) The current ratio remained relatively constant over the three years; however, current assets are barely sufficient to cover current liabilities. The current ratio has decreased each year; however, current assets are still over twice current liabilities. The current ratio has fluctuated from year to year, and current assets are not sufficient to cover current liabilities. The current ratio has increased each year, and current assets are over twice current liabilities. Bookmark for review Directions: Click the Case Link above and use the information provided in Revolutionary Designs, Inc., Part B, to answer this question: Which of the following statements best describes the trend in Revolutionary Designs' current ratio for the three years provided in the financial statements? (Carry your calculation to two decimal places.) The current ratio remained relatively constant over the three years; however, current assets are barely sufficient to cover current liabilities. The current ratio has decreased each year; however, current assets are still over twice current liabilities. The current ratio has fluctuated from year to year, and current assets are not sufficient to cover current liabilities. The current ratio has increased each year, and current assets are over twice current liabilities. Bookmark for review
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