Business, 23.09.2021 07:30 natalie2sheffield
Complete the statements with either "increase" or "decrease".
a. Revenues usually the current ratio.
b. Revenues usually (increase /decrease) the debt ratio.
c. Expenses usually (increase /decrease) the current ratio. (Note: depreciation is an exception to this rule.)
d. Expenses usually (increase/ decrease) the debt ratio.
e. If a company's current ratio is greater than 1.0, as it is for Doyle, paying off a current liability will always (increase / decrease) the current ratio.
f. Borrowing money on long-term debt will always (increase /decrease) the current ratio and the debt ratio. (Assume the total assets always exceed the total liabilities).
Answers: 1
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Complete the statements with either "increase" or "decrease".
a. Revenues usually the current rat...
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