Cash flow

Maneesh 30 April 2020 at 14:43 PM

Wonex Company has current assets of $300000 and current liabilities of $400000. Wonex Company's current
ratio would be increased by
A) The purchase of $100,000 of inventory on account.
B) The payment of $100,000 of accounts payable
C) Refinancing a $100,000 long-term loan with short-term debt
D) The collection of $100,000 of accounts receivable

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FACULTY 10 May 2020 at 01:50 PM

The purchase of $100,000 of inventory on account. (option A)

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