48. If a company has a current ratio of 2.0, the effect of repaying $150,000 in short-term borrowing will most likely decrease:
A. the current ratio, but not the cash flow from operations.
B. the cash flow from operations, but not the current ratio.
C. neither the current ratio nor the cash flow from operations.
Answer: C
不影响CFO好理解，是CFF嘛
但是为什么不影响current ratio?
答案是这样给的：
The repayment of short-term debt would reduce cash flow from financing, not cash flow from operations. Any time the current ratio is above 1, equal changes in a current asset and a current liability will result in an increase in the current ratio: if current assets = 550 and current liabilities are 275, current ratio = 550/275 = 2.0. After the bank borrowing has been paid, the ratio becomes (550-150)/(275-150) = 3.2. Had the ratio initially been below 1, current assets = 250 and current liabilities are 275, current ratio = 250/275 = 0.91, the equal change in current assets and liabilities would decrease the current ratio: 100/125=0.80.
无厘头啊，我有点怀疑答案错了，哪位大虾指点一下我吧，
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发表于 2009-5-20 02:50
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