Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

What action would raise the current ratio of a business?

  • Abuying goods on credit for $2000 and selling immediately for $3000 cash
  • Bpaying wages of $1000 in cash
  • Cpurchasing a non-current asset of $10000 on credit
  • Dselling goods of $1000 at cost price on credit

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