Friday, July 8, 2011

Re: [ vuZs.net ] FIN622 ,, MCQ

► Inventory is liquidated for cash

On Wed, Jul 6, 2011 at 12:23 AM, chanda rehman <misscutyvuty@gmail.com> wrote:

\Question No: 19    ( Marks: 1 )    - Please choose one

Which of the following transactions affects the acid-test ratio?

      ► Receivables are collected

       ► Inventory is liquidated for cash

       ► New common stock is sold and used to retire a debt issue

       ► New common stock issue is sold and equipment purchased


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Rab  ye karey koi aaankh na roay

Kisi aankh ka koi sapna na moaey

 

Regards
SaDaF AmBrEeN
MBA 4th semester (finance)
Virtual University Of Pakistan.

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