The quick ratio of a firm would be increased by which of thefollowing? a. land h
ID: 2661611 • Letter: T
Question
The quick ratio of a firm would be increased by which of thefollowing?a. land held for investment is sold for cash b. equipment is purchased, financed by a long-term debtissue c. inventories are sold for cash d. inventories are sold in exchange for a long-term note e. both a and c above The quick ratio of a firm would be increased by which of thefollowing?
a. land held for investment is sold for cash b. equipment is purchased, financed by a long-term debtissue c. inventories are sold for cash d. inventories are sold in exchange for a long-term note e. both a and c above
Explanation / Answer
Answer: E
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.