Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. gm shows a drop in current to long-term liabilitie

GM shows a drop in current to long-term liabilities ratio in the first two years...

70.2K

Verified Solution

Question

Finance

GM shows a drop in current to long-term liabilities ratio in the first two years (from 0.9215 to 0.7736).
However, its current ratio stays similar. Which one of the following can explain this change?
image

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!
Become a Member

Other questions asked by students

Q

Ethan and Drew went on a 10 day fishing trip The number of smallmouth bass...

Statistics
Q

A closed system consists of 0.5kg of superheated steam initially at 1MPa, 300 0C. The system...

Chemistry
Q

describe the function of the serous membrane. the layers and what they line or cover. what...

Medical Sciences
Q

MATLAB In a traffic study of a street, the following information was gathered. • Cars passed by at...

Advance Math
Q

8. The cardinality of S is less than or equal to the cardinality of T, i.e....

Advance Math
Q

Which of the following statements about a company’s financial record-keeping obligations is not correct? Group of answer...

General Management
Q

33 A boat having a length of 3 metre and breadth 2 metre is floating...

Physics
Q

Using a left endpoint Riemann sum approximation with four equal subintervals the approximate value of...

Calculus
Q

Smart Phones, Inc had the following balances and transactions during 2025...

Accounting
Q

please help Hevesen Witerhary Hetpital Workshet1 December 3t...

Accounting
Q

A listed company issued debentures of the face value of Rs. 5,00,000 at a discount...

Accounting
Q

11. Refunding analysis Aa Aa Consider yourself the CFO of ToughNut Corp. Management is considering...

Finance