Financial and Management Accounting

1: The current ratio of a company is 2: 1 which of the following suggestions would Improve, reduce and net change it. I.   Payment to trade creditors II.  Sell machinery for cash Ill. Purchased goods for cash IV. Issue of equity shares
A.

Decrease, Increase, Increase, No effect

B.

No effect, Increase, Decrease, Increase

C.

Increases, Increase, No effect, Increase

D.

Increase, No effect, Decrease, Increase

 

Answer : C

Explanation :

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Option: A

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