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if current ratio increases and quick ratio decreases what is most likely going on? a. inventory is becoming a larger part of the current assets b. cash is becoming a larger part of the current assest c. accounts receivable is becoming a larger part of current assets d. property, plant, and equipment are growing e. none of the above

if current ratio increases and quick ratio decreases what is most likely going on? a. inventory is becoming a larger part of the current assets b. cash is becoming a larger part of the current assest c. accounts receivable is becoming a larger part of current assets d. property, plant, and equipment are growing e. none of the above

FINANCIAL ACCOUNTING
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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if current ratio increases and quick ratio decreases what is most likely going on? a. inventory is becoming a larger part of the current assets b. cash is becoming a larger part of the current assest c. accounts receivable is becoming a larger part of current assets d. property, plant, and equipment are growing e. none of the above
Transcribed Image Text:if current ratio increases and quick ratio decreases what is most likely going on? a. inventory is becoming a larger part of the current assets b. cash is becoming a larger part of the current assest c. accounts receivable is becoming a larger part of current assets d. property, plant, and equipment are growing e. none of the above
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