2A2C IF A COMPANY HAS A CURRENT RATIO OF 2.1 AND PAYS OFF A PORTION O...

36.

CSO: 2A2a

LOS: 2A2c

If a company has a current ratio of 2.1 and pays off a portion of its accounts payable with

cash, the current ratio will

a.

decrease.

b.

increase.

c.

remain unchanged.

d.

move closer to the quick ratio.