If a company revaluates its fixed assets, the current ratio of the company will:

Finance Mcqs

If a company revaluates its fixed assets, the current ratio of the company will:

(A)  Improve if assets are revalued upward

(B)  Remain unaffected

(C)  Improve if assets are revalued downwards

(D)  Undergo change only if liabilities are remaining constant

Submitted By :Ali Uppal

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