Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Interpretation of financial statment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Interpretation of financial statment

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 6, 2021 at 12:24 pm #619864
    ethan12
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Why does purchase of inventory in credit affect current liability more than it affect current asset?

    May 8, 2021 at 9:03 am #620022
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7041
    • ☆☆☆☆☆

    Hi,

    It doesn’t change the value of the current liability more than it does the current asset, but it can have more of an impact on the current ratio.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.