12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    A transaction involving an increase in current ratio but no change in working capital:

    A) purchase of goods on credit

    B) cash payment of non-current liability

    C) payment to a trade creditor

    D) sale of fixed assets for cash

    Correct Answer: C

    Solution :

    [c] payment to a trade creditor


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