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which of the following is Incorrect about a company whose total current assets is greater than its total current liabilities? a. The company has positive
which of the following is Incorrect about a company whose total current assets is greater than its total current liabilities? | ||||||||||
a. | The company has positive working capital | |||||||||
b. | The company has a current ratio higher than 1 | |||||||||
c. | If the company pays off some current liability using its current assets, it's current ratio will increase | |||||||||
d. | If the company pays off some current liability using its current assets, it's current ratio will not be affected |
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