CMA Community / Study Group

1.  CMA Pop Quiz - Q183

Posted 19 days ago

The owner of a chain of grocery stores has bought a large supply of mangoes and paid for the fruit with cash. This purchase will adversely impact which one of the following?

 

  1. Working capital.
  2. Current ratio.
  3. Quick or acid test ratio.
  4. Price earnings ratio.


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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 - Q183

Posted 19 days ago
Answer is 3.





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