Question
If a company's current ratio is greater than 1, adding equal amounts to current assets and current liabilities will result in a lower current ratio.
If a company's current ratio is greater than 1,
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| adding equal amounts to current assets and current liabilities will result in a lower current ratio. |
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| an equal decrease in cash and increase in office supplies will result in a lower current ratio. |
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| adding equal amounts to current assets and current liabilities will result in a higher current ratio. |
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| an equal decrease in cash and increase in office supplies will result in a higher current ratio. |
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Guidelines For Laboratory Quality Auditing
Authors: Donald C. Singer, Ronald P. Upton
1st Edition
0824787846, 978-0824787844
