answersLogoWhite

0


Best Answer

stays the same

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: A firm uses 1 million in cash to purchase inventories what will happen to its current ratio its quick ratio?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What would happen to the checkable deposits if banks purchase securities using reserves only and are not making loans?

well they will die


What happens when your purchase a car and the auto loan does not go through after you have the car of 3 weeks?

Same thing happen to me. You have to retun the vehicle or find a loan from another company.


What happens if the bankruptcy is denied and you have no equity in your home but am current in payments?

What happens to what? Your debts are still owed, including the mortgage(s). If you are not in foreclosure and are current in your payments, nothing will happen to your home. You will start getting sued (or getting hauled into court to collect on existing judgments) and eventually will get attachments on your home and/or on your wages if garnishment is allowed in your state for consumer debts.You may be able to refile, maybe after some period of time. Ask your bankruptcy lawyer or get one.


Can you repurchase your own home after discharged in bankruptcy?

Theoretically and technically yes. In practice, it's very unlikely to actually happen; the point of bankruptcy is that you liquidate your assets except for a small "exempt" amount and use the proceeds to partially satisfy your creditors. You shouldn't have enough left over afterwards to use to purchase a home.


What will happen if a business does not have enough working capital?

Working Capital is critical to your success. You can simply run out of money to do things - that's the importance of working capital. Take your current assets from your balance sheet and subtract your current liabilities...that equals working capital. Now lets say that the WC figure is 2000.00 and you are a 2M dollar business. You have $2k in unspoken for money that you can work with (do things). You business probably spends more than 2K per day on G&A expenses. Do the math and if the Working Capital figure is low...you have probably felt the cash crunch.....now it will be obvious.

Related questions

What do scientists believe will happen with the current position of the continents during and at the end of another 50 million years?

they will all be together


What will happen to the Himalayan Mountains in the next million years If current trends continue?

This is not the psychic network so we can't answer what the future will be like. A million years from now there may not even be a habitual earth.


If current trends continue what will happen to the Himalayan Mountains in the next million years?

This is not the psychic network so we can't answer what the future will be like. A million years from now there may not even be a habitual earth.


When did They Stole a Million happen?

They Stole a Million happened in 1986.


How often does Pangaea happen?

every million years every million years


How often do 1 million drop parties happen in runescape?

1 in a million


What will happen to the current if you add more bulbs to the cirrect series?

current will decrease


How many dollars does one million pennies make?

10,000 $ What, do you happen to have a million pennies :)


What current event just happen?

what just happen was that i got an A in my class test


What may happen after fifteen million years?

you will not get lad


When did pangaea happen?

250 million years ago


What would happen to the current modal of the atom if new information about its is discover in the feature?

what would happen to the current modal of the atom if new information about its is discover in the feature