- This topic has 2 replies, 3 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Is it ok to use kaplan exam kit and study textand pocket notes valid until june 2021 for the coming dec(2021) session??
There have been some changes to the syllabus.See the following thread for details-
Hope this helps.
A company has a liquidity ratio equal to 0.5. The directors believe that the company has to reduce its bank overdraft and have agreed to alter the company’s credit terms to customers from two months to one month.
What would be the effect on the company’s liquidity ratio if this change were to be achieved?
The liquidity ratio would decrease.
The liquidity ratio would not change.
The liquidity ratio would increase.
The liquidity ratio would increase initially but decrease after one month.
Could anyone help with this question?