Which of the following would not result in an increase in both the current ratio and the acid-test ratio?
A) Increase in cash
B) Increase in inventory
C) Increase in accounts receivable
D) Increase in current investments
Answer: B
A) Increase in cash
B) Increase in inventory
C) Increase in accounts receivable
D) Increase in current investments
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.