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The financial manager of Mystery, Inc. tells her banker that Mystery's accounts receivable declined by $ 2 7 5 , 0 0 0 that day.

The financial manager of Mystery, Inc. tells her banker that Mystery's accounts receivable
declined by $275,000 that day. Based on this, the bank knows that Mystery's current ratio:
Select one:
a. Must have increased from the day before.
b. Must have decreased from the day before.
c. Did not change from the day before.
d. Declined since Mystery used cash from the day before.
e. Would possibly be affected, but more information is needed to know in which
direction.
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