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Author Question: Which statement about inventories is correct? (Read 48 times)

byomi

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on: Aug 7, 2023
Which statement about inventories is correct?

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A reduction in inventories held would increase the current ratio.


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An increase in accounts payable would increase the current ratio.


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An increase in accrued taxes would increase the current ratio.


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If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.

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Marked as best answer by byomi on Aug 7, 2023

ad2018

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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byomi

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Reply 2 on: Aug 7, 2023
Gracias!

cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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