Economics · Ratio Analysis
When Current Ratio is greater than 1:1, an equal amount of increase in total current assets and total current liabilities will:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Double the Current Ratio
- 2Cause no change in Current Ratio
- 3Decrease the Current Ratio✓
- 4Increase the Current Ratio
Correct answer
Decrease the Current Ratio
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