When a company pays its bill from a plumber for previous services on account,:
A. Its debt to equity ratio always decreases.
B. Its acid-test ratio always remains unchanged.
C. Its current ratio always remains unchanged.
D. All of the above are correct.
Answer:A
When a company pays its bill from a plumber for previous services on account,:
A. Its debt to equity ratio always decreases. B. Its acid-test ratio always remains unchanged. C. Its current ratio always remains unchanged. D. All of the above are correct.