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Markowitz Company increased its allowance for uncollectable accounts. This adjustment will?

a. increase the acid test ratio.b. increase working capital.c. reduce debt-to-asset ratio.d. reduce the current ratio.

 

Cost CMA Economics Finance Management
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Question added by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia
Date Posted: 2015/07/12
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

d. reduce the current ratio.

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

very good as usual Mr Jetley                               

 

Thanks for answer

 

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