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Rena, Inc. uses the allowance method to account for uncollectible accounts. An account receivable that was previously determined uncollectible and written off was collected during

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Rena, Inc. uses the allowance method to account for uncollectible accounts. An account receivable that was previously determined uncollectible and written off was collected during May. The effect of the collection on Rice's current ratio and total working capital is as follows: O a. Both ratios will increase Ob. There is no impact on either of the ratios OC. Both ratios will decrease h d. The current ratio will be unchanged, but working capital will increase Clear my choice

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