If the average balance of debtors has increased, which of the followin – McqOptions

MCQOPTIONS

1.	If the average balance of debtors has increased, which of the following mightnot show a change in general?
A.	total sales,
B.	average payables
C.	current ratio
D.	bad debt loss.
Answer» C. current ratio

Discussion

No Comment Found

Related MCQs

_________ function includes a firm’s attempts to balance cash inflows andoutflows.
The art of managing, within the acceptable level of risk, the consolidatedfunds optimally and profitably is called _________.
Which of the following is a technique that helps the exporter to sell thereceivables to any bank or financial institution without recourse?
Under which type of bank borrowing can a borrower obtain credit from abank against its bills?
Which of the following would be consistent with an aggressive approach tofinancing working capital?
Which of the following would be consistent with a conservative approach tofinancing working capital?
Your firm has a philosophy that is analogous to the hedging (maturitymatching) approach. Which of the following is the most appropriate form for financing a new capital investment in plant and equipment?
Having defined working capital as current assets, it can be further classifiedaccording to __________.
The amount of current assets that varies with seasonal requirements isreferred to as __________ working capital.
Your firm has a philosophy that is analogous to the hedging (maturitymatching) approach. Which of the following is the most appropriate non- spontaneous form for financing the excess seasonal current asset needs?