A firm has a current ratio of 1; in order to improve its liquidity ratios, this firm might ________
A) improve its collection practices by providing extended credit policy
B) improve its collection practices and pay accounts payable, thereby decreasing current liabilities and decreasing the current and quick ratios
C) decrease current liabilities by utilizing more long-term debt, thereby increasing the current and quick ratios
D) increase inventory, thereby increasing current assets and the current and quick ratios
C
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When a company practices the marketing concept, ________ serve as the foundation for marketing activities
A) profits B) customers C) efficiencies D) sales E) suppliers
Which one of the following conditions violates the assumptions of PERT/CPM networks?
A) Some activities can have zero variance. B) Costs increase linearly as activity time is reduced below its normal time. C) Two activities tied together by an arc are overlapping and can be worked on simultaneously. D) There can be more than one critical path in a network.