Business Studies, asked by manavdrall1233, 3 months ago

A company’s Current ratio is 2. If it uses cash to pay creditors, this transaction will cause a

decrease in current ratio.​

Answers

Answered by aradhyaarna
0

Answer:

A company's current ratio is 2.0. If the company uses cash to pay a trade creditor. Would this transaction increase or decrease the current ratio and asset turnover ratio?

Answered by sunitadevi0841
0

Answer:

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