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Question 12 Not yet It Current Asset is same for all years, but Current Liabilities increase every year, what will happen to Current Ratio answered

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Question 12 Not yet It Current Asset is same for all years, but Current Liabilities increase every year, what will happen to Current Ratio answered Marked out of 1.50 Select one: a. Decrease P Flag question b. Increase if Quick Ratio decrease c. Decrease it Quick Ratio decrease d. Increase Which formula is correct? Question 13 Not yet answered Marked out at 1.50 P Flag question Select one: a. Asset - Liability = Equity b. Asset - Current Liability = Retained Earning + Long Term Liability c. Asset = Liabilities + Equity d. Retained Earning - Asset - Liability

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