A company borrows $10,000 and puts the money into its checking account

A company borrows $10,000 and puts the money into its checking account. This transaction will
increase the company’s current ratio if prior to the transaction the company’s current ratio was

A) greater than one.
B) greater than or less than one, but not equal to one.
C) less than one.
D) equal to one.
SAY. Write your answer in the space provided or on a separate sheet of paper.

ANSWER

C