If a company's current assets increase, what might we assume about their inventory levels? a) It increasedb) It decreasedc) It stayed the samed) We don't have enough information to decide

Question

Business

Landon Beard

3 April, 08:32

If a company's current assets increase, what might we assume about their inventory levels? a) It increasedb) It decreasedc) It stayed the samed) We don't have enough information to decide

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Answers (1)

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Sanaa Harper · Answer 1

We don't have enough information to decide

Explanation:

If a company's assets increase it can be multiple things such as increase in cash, maybe buying new fixed assets such as land or building or it can be buying inventory so we do not have enough information to tell if inventory increased or not.