Business, 03.03.2020 18:13, nvmcneill

Under what conditions could a company artificially increase their current ratio at the end of their accounting reporting period by taking out a short term loan and placing the proceeds in the cash account

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answered: yoyo80431

1) Prompt Submission of invoice

2) Removal of unnecessary assets

3) Bargain for a longer payment period

Explanation:

Current ratio measures the capability of a business or organisation to meet up to its short-term obligations that are due within a period of one year.

Conditions in which a company can increase its current ratio at the end of their accounting period include:

A) Prompt invoice submission:

Invoice should be submitted early to the customers. The more your accounts receivables increase and the quicker money is derived from your sales,the better your current ratio be and you will have much more money.

B) Removal of unnecessary assets:

All business has unproductive assets. Resources that are just lying there and wasting,resources that is not earning anything. It is advisable to dispose them off since they are not adding to your income.

C) Bargain for longer payment period:

Try and negotiate for a longer payment periods with your vendors and ask if you can be given discounts.

answered: Guest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

answered: Guest

Answertire rotation and wheel alignment;

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Under what conditions could a company artificially increase their current ratio at the end of their...