Social Studies, 29.08.2019 01:20 hdjsjfjruejchhehd
Bicksler corporation has a current ratio of 2.0 on 21st july. on 22nd july, bicksler purchased (and received) raw materials on credit from its supplier. assuming all other things are equal, how will this transaction affect the current ratio of bicksler?
a. the current ratio will decrease.
b. the quick ratio will become more than its current ratio.
c. the current ratio will become equal to its quick ratio.
d. the current ratio will increase.
e. the current ratio will remain the same.
Answers: 1
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Bicksler corporation has a current ratio of 2.0 on 21st july. on 22nd july, bicksler purchased (and...
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