Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 12)
Which action will increase the current ratio?
Purchasing more inventory on credit.
Using cash to pay off a short-term loan.
Collecting payments from customers.
Selling goods for cash.
คำอธิบาย
Cash goes up (numerator). Accounts receivable goes down which is a different kind of asset.