Question
What effect would the following action have on a firm's current ratio? Assume that net working capital is positive. A short-term bank loan is repaid
What effect would the following action have on a firm's current ratio? Assume that net working capital is positive.
A short-term bank loan is repaid with cash
A. not change
b. decrease
c. increase
What effect would the following action have on a firm's current ratio? Assume that net working capital is negative.
A short-term bank loan is repaid with cash
A. not change
b. decrease
c. increase
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Middle Market M And A Handbook For Advisors Investors And Business Owners
Authors: Kenneth H. Marks, Christian W. Blees, Michael R. Nall, Thomas A. Stewart
2nd Edition
1119828104, 978-1119828105
