Which of the following transactions will improve the quick ratio ........

General Accounting Principles Ratio analysis

Which of the following transactions will improve the quick ratio?

Sale of goods for cash

Sale of goods on credit

Issue of new shares for cash

All of the above

Sale of goods for cash: this will increase the cash in the business and decrease the stock which will improve the ratio

Sale of goods on credit: will increase the creditors and assets of the company hence quick ratio will improve

Issue of new shares for cash will icrease the cash this will increase the current assets of the company hence quick ratio will improve

Submit Error