Which one of the following will increase the current
Which one of the following will increase the current ratio but not the quick ratio?
O increase in inventory
O decrease in cash
O increase in accounts payable
O decrease in accounts receivable
Welcome Inn has total equity of $471.000 and a debt-equity ratio of .54. What is the firm’s equity multiplier?
O 1.54
O 1.40
○ .46
O 185
The debt-equity ratio is equal to which one of the following?
O Equity multiplier + 1
O Long-term debt / Total equity
O Equity multiplier- 1
O Long-term debt + Total equity) /Total equity
Arlene’s Outlet has sales of $384,000. Costs of goods sold equal 64 percent of sales. The store has $39,250 in inventory. On average, how long does inventory set on the shelf before it is sold?
O 37.31 days
O 58.29 days
O 65.37 days
O3871 days
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