|
- UID
- 223389
- 帖子
- 274
- 主题
- 59
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-15
|
QSPE question - Consolidaton and Current ratio
Due to a change in accounting standards, TRK Construction’s QSPE must now be consolidated. Assume the current ratio before consolidation is 1.10. Consolidation will most likely result in which of the following:
A) an increase in the current ratio.
B) a decrease in the current ratio.
C) no change in the current ratio.
Your answer: A was incorrect. The correct answer was B) a decrease in the current ratio.
Can someone please explain. I don't get it!!! |
|
发表于 2011-7-11 19:51
|