MCQs>Finance & Management>General Financial Accounting>K is a product based company whose current ratio is very low . The company's board of directors assigns the task of improving the ratio to the accounting department . Which of these can be a probable measure taken by the accounts team to improve the current ratio?
General Financial Accounting MCQs
K is a product based company whose current ratio is very low . The company's board of directors assigns the task of improving the ratio to the accounting department . Which of these can be a probable measure taken by the accounts team to improve the current ratio?
Answer
Correct Answer: Acquiring a loan that is repayable after the next year
Explanation:
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