DAll else being equal, which one of the following will decrease a firm's current ratio?Question 17a decrease in the net fixed assetsa decrease in depreciationO a decrease in accounts payableO a decrease in a counts receivables

Current assets means those assets which will be converted in to cash in near future generally one…

Answered: Question 17 All else being equal, which…

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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Question 17 All else being equal, which one of the following will decrease a firm's current ratio? O a decrease in the net fixed assets a decrease in depreciation O a decrease in accounts payable O a decrease in a counts receivables