Which of the following items cannot be found on a firm\'s balance sheet under cu

Question

Which of the following items cannot be found on a firm's balance sheet under current liabilities? Accounts payable. Short-term notes payable to the bank. Accrued wages. Cost of goods sold. Accrued payroll taxes. Consider alone, which of the following would increase a company's current ratio? An increase in net fixed assets. An increase in accrued liabilities. An increase in notes payable. An increase in accounts receivable. An increase in accounts payable. Which of the following would, generally, indicate an improvement in a Company's financial position, holding other things constant? The TIE declines. The DSO increases. The quick ratio increases. The current ratio declines. Which of the following would indicate an improvement in a company's financial position, holding other things constant? The inventory and total assets turnover ratios both decline. The debt ratio increases. The profit margin declines. The times-interest-earned ratio declines. The current and quick ratios both increase.

Explanation / Answer

Solution 7 d 8 d 9 c 10 e

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