Question
If a firm's existing quick ratio is 1.0, and all other variables remain unchanged, the quick ratio can be increased by: Select one: a.repayment of
If a firm's existing quick ratio is 1.0, and all other variables remain unchanged, the quick ratio can be increased by:
Select one:
a.repayment of a loan.
b.purchase of fixed assets using a loan.
c.receiving interest income.
d.collecting accounts receivable.
e.purchase of fixed assets for cash.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
