Posted: 10 Feb 2011 at 02:19 | IP Logged
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As a company becomes more conservative in its working capital policy, it would tend to have a(n)
A) Decrease in its acid-test ratio.
B) Increase in the ratio of current liabilities to noncurrent liabilities.
C) Increase in the ratio of current assets to units of output.
D) Increase in funds invested in common stock and a decrease in funds invested in marketable securities.
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