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2. An analyst calculates that a company's quick ratio is exactly 1.0. As a result of this calculation, the analyst can most likely conclude that

2. An analyst calculates that a company's quick ratio is exactly 1.0. As a result of this calculation, the analyst can most likely conclude that current ratio must be: a. less than or equal to 1.0 and the cash ratio is less than or equal to 1.0. b. less than or equal to 1.0 and the cash ratio is greater than or equal to 1.0. c. greater than or equal to 1.0 and the cash ratio is less than or equal to 1.0.

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