12. Ferris Corp. wants to increase its current ratio from the present level of 1.5 when it closes the books next week. The action of will have the desired effect. O A. payment of current payables from cash O B. sales of current marketable securities for cash O D. delay of next payroll E. None of these is correct.

12. Ferris Corp. wants to increase its current ratio from the present level of 1.5 when it closes the books next week. The action of will have the desired effect. O A. payment of current payables from cash O B. sales of current marketable securities for cash O D. delay of next payroll E. None of these is correct.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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B
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