CMA Study Group

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  • 1.  CMA Pop Quiz – Q193

    Posted 08-18-2017 08:44 AM

    Are you preparing for the CMA exam? Take our CMA Pop Quiz!

    If a company has a current ratio of 2.1 and pays off a portion of its accounts payable with cash, the current ratio will 

    1. decrease.
    2. increase.
    3. remain unchanged.
    4. move closer to the quick ratio.


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    Morgan Greenleaf
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  • 2.  RE: CMA Pop Quiz – Q193

    Posted 08-18-2017 11:35 AM
    increase 





  • 3.  RE: CMA Pop Quiz – Q193

    Posted 08-18-2017 11:37 AM
    if the ratio is greater than 1. ..equal decrease in numerator and denominator will increase the ration