Question:

Over the past year, a company had an increase in it current ratio and a decline in its total assets turnover.?

by Guest33129  |  earlier

0 LIKES UnLike

However, the company's sales, cash and evuivalents, DSO and its fixed assets turnover ration have remained contant. What balance sheet accounts must have changed to produce the indicated changes?

 Tags:

   Report

1 ANSWERS


  1. Either inventories increased or current liabilities decreased or both.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions