Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 35)
If a company is aiming to improve its current ratio, which of the following actions would be most beneficial?
Increasing current liabilities
Selling inventory for cash
Purchasing inventory on credit
Paying off accounts payable with cash
คำอธิบาย
Selling inventory for cash would increase current assets and improve the current ratio.