Accounting: type question:, If the current ratio of a company is 2 : 1, which of the following transactions would improve the ratio? A. Issue of bonus shares B. Issue of warrant C. Purchase of stock of goods for cash D. Payment of current liabilities

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Accounting: type question:, If the current ratio of a company is 2 : 1, which of the following
transactions would improve the ratio? A. Issue of bonus shares B. Issue of warrant C.
Purchase of stock of goods for cash D. Payment of current liabilities
Transcribed Image Text:Accounting: type question:, If the current ratio of a company is 2 : 1, which of the following transactions would improve the ratio? A. Issue of bonus shares B. Issue of warrant C. Purchase of stock of goods for cash D. Payment of current liabilities
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