A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2019 · Q171 Mark
Which action will increase a company's current ratio?
Amaking an issue of bonus shares
Bmaking a rights issue of shares
Cincreasing the provision for doubtful debts
Dreducing the rate of depreciation on non-current assets
✓ Correct answer
B: making a rights issue of shares
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