Which of the following is true of current ratio?
select one:
a. a higher c...
Which of the following is true of current ratio?
select one:
a. a higher current ratio indicates a higher return on equity.
b. the more predictable a firm's cash flows, the higher the acceptable current ratio.
c. the more predictable a firm's current ratio, the higher the current liabilities.
d. a higher current ratio indicates a greater degree of liquidity.
Answers: 1
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Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.
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