If a company revaluates its fixed assets, the current ratio of the company will:

(A) Improve if assets are revalued upward (X)
(B) Remain unaffected ()
(C) Improve if assets are revalued downwards (X)
(D) Undergo change only if liabilities are remaining constant (X)

Answers: If a company revaluates its fixed assets, the current ratio of the company will  Remain unaffected.