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  • 1.  CMA Pop Quiz - Q175

    Posted 04-14-2017 09:56 AM
    T0ZEv7KeT5yAJwdXwiWb_CMA-PopQuiz-Question-175.pngAre you preparing for the CMA exam? Take our CMA Pop Quiz! 


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    Morgan Greenleaf
    Social Media & Marketing Product Specialist
    IMA
    Montvale NJ
    United States
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  • 2.  RE: CMA Pop Quiz - Q175

    Posted 04-14-2017 10:09 AM
    d. current ratio

     

    Aswani Nimmagadda

    Policy & Procedures Manager | Financial Control

     

    E: Aswani.Nimmagadda@... | W: www.viva.com.kw

    M: +965 50009139 | T:  +965  | Social: |

    A: Olympia Building P.O Box: 181 Postal Code: Salmiya 22002 Kuwait


    This email may contain confidential material, any unauthorized usage is strictly prohibited and may lead into Legal accountability. If it is received by mistake, it should be deleted and the sender should be notified immediately.هذه الرسالة قد تحتوي على معلومات سرية لذا فإن أي استخدام لأي من محتوياتها بشكل غير نظامي يعتبر أمرا مخالفا وقد يؤدي إلى المساءلة القانونية وفي حال استلام البريد الإلكتروني بشكل خاطئ فإنه يجب حذفه وابلاغ المرسل مباشرة







  • 3.  RE: CMA Pop Quiz - Q175

    Posted 04-16-2017 10:14 PM
    b. Net working capital.

    Net working capital = Current assets - Current liabilities.

    Purchase inventory on credit increases both current assets and current liabilities by the same amount.

    Hence, the only ratio that is not affected by this change should be net working capital.

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    MINH LE DUC CHIEU
    Other
    Orient Software Development Corporation
    HO CHI MINH CITY
    Viet Nam
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  • 4.  RE: CMA Pop Quiz - Q175

    Posted 04-16-2017 10:19 PM
    True.. that's right..

     

    Aswani Nimmagadda

    Policy & Procedures Manager | Financial Control

     

    E: Aswani.Nimmagadda@... | W: www.viva.com.kw

    M: +965 50009139 | T:  +965  | Social: |

    A: Olympia Building P.O Box: 181 Postal Code: Salmiya 22002 Kuwait


    This email may contain confidential material, any unauthorized usage is strictly prohibited and may lead into Legal accountability. If it is received by mistake, it should be deleted and the sender should be notified immediately.هذه الرسالة قد تحتوي على معلومات سرية لذا فإن أي استخدام لأي من محتوياتها بشكل غير نظامي يعتبر أمرا مخالفا وقد يؤدي إلى المساءلة القانونية وفي حال استلام البريد الإلكتروني بشكل خاطئ فإنه يجب حذفه وابلاغ المرسل مباشرة







  • 5.  RE: CMA Pop Quiz - Q175

    Posted 04-17-2017 02:58 PM
    Neither Current Ration nor Net Working Capital would change, unless the credit used were long-term (very poor choice for inventory).

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    Don Ross, CMA, MBA
    Accountant
    Castle Rock CO
    United States
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  • 6.  RE: CMA Pop Quiz - Q175

    Posted 04-17-2017 03:40 PM
    Current ratio would change... for example if the current assets were 100 and the current liabilities were 50 the ratio = 2. If you increase assets by 50 and liabilities by 50 = 150 / 100 = 1.5. The current ratio would change from 2 to 1.5


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    Angela Roeback
    Accountant
    Rose Paving LLC
    Bridgeview IL
    United States
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