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  3. which of the following would make the current rati

Which of the following would make the current ratio less comparable across two companies that...

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Accounting

Which of the following would make the current ratio less comparable across two companies that operate in the same industry?

  • Mark any and all that apply.

Select one or more:

Differences in assumed salvage values for PP&E

Different inventory cost flow assumptions (e.g., LIFO vs. FIFO)

One firm holds more cash than the other

One firm uses more short-term debt than the other

One firm recognizes revenue from old gift cards more aggressively than the other

Different revenue recognition policies

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