Corn is a computer manufacturer who supplies large electrical superstores on credit. Bean is a...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Corn is a computer manufacturer who supplies large electrical superstores on credit. Bean is a food retailer who makes cash sales. Which of the following is not true?
Select one:
a. Corn and Bean are likely to have different trade receivable days
b. The inventory days of Bean are likely to be shorter than Corn.
c. Bean is likely to have a higher current ratio than Corn.
d. Corn is likely to have a lower current and acid test ratio than Bean.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
