Beruflich Dokumente
Kultur Dokumente
FMA-3A
QUIZ #2
Indicate the effects of the transactions listed in the following table on total current assets, current
ratio, and net income. Use (+) to indicate an increase, (−) to indicate a decrease, and (0) to
indicate either no effect or an indeterminate effect. Be prepared to state any necessary
assumptions and assume an initial current ratio of more than 1.0.