165. Ficus Company calculated the following amounts concerning its financial information for the years ending December 31, 2014 and 2013: 2014 2013 Current ratio 3.1 to 1 2.0 to 1 Profit margin 22 % 18% REQUIRED: Suppose Ficus Company had a decrease in its cash account from 2013 to 2014. Would the other current asset amounts have increased or decreased? Explain. | |
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