1. If Current Assets exceed current liabilities, payments of accounts payable will:

   		Decrease the current ratio
   		decrease working capital
   		Increase the current ratio
   		increase working capital

2. Turnover ratios are generally calculated for each of the following assets except:

		Accounts Recievable
		Inventory
		Cash
		Plant and Equipment

3. What are some of the issues a company might face if they do not have enough inventory on hand and what ratio analysis might help management analyze inventory issues?