Possible Answers A. Cash payment of payroll taxes payable. B. Refinancing a short-term note payable with a t?

Assuming that a company has a current ratio greater than 1.0, repaying a short-term note payable will increase the current ratio.





Possible Answers


A. TRUE


B. FALSE|||True. Since the numerator is grater than the denominator. You are decreasing both by the same amount so the denominator gets lower faster.|||The answer is D. It's always D.