单选题
Loose Truck, Inc. has cash of $100000, accounts receivable of $
500000, and inventory of $ 400000. The firm has accounts payable of $ 200000,
notes payable of $ 300000, and long-term debt of $ 200000. The firm wishes to
increase its current ratio to 2.4. How much would current assets or current
liabilities need to change in order to increase the current ratio to
2.4?
Current assets Current
liabilities
①A. + $ 200000 $ 83333
②B. + $200000 + $ 83333
③C. + $
680000 $ 83333
【正确答案】
A
【答案解析】[*]
Next, use algebra to solve for the level of current assets that would satisfy a current ratio of 2.4 :
[*]=2.4. X = 1200000. 1200000 1000000 = 200000 so current assets would need to increase by $200000. Do the same thing for current liabilities: [*]= 2.4. X = 416667. Current liabilites would need to decrease by 500000-416667 = $ 83333.