A firm has $700,000 in current assets and $160,000 in current liabilities. If it uses cash to pay off $60,000 in account

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A firm has $700,000 in current assets and $160,000 in current liabilities. If it uses cash to pay off $60,000 in account

Post by answerhappygod »

A Firm Has 700 000 In Current Assets And 160 000 In Current Liabilities If It Uses Cash To Pay Off 60 000 In Account 1
A Firm Has 700 000 In Current Assets And 160 000 In Current Liabilities If It Uses Cash To Pay Off 60 000 In Account 1 (22.88 KiB) Viewed 51 times
A firm has $700,000 in current assets and $160,000 in current liabilities. If it uses cash to pay off $60,000 in accounts payable current ratio will increase by
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”