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A firm wants to strengthen its financial position. Which of the following actions would do nothing to its quick ratio? a . Allow for customers
A firm wants to strengthen its financial position. Which of the following actions would do nothing to its quick ratio? a Allow for customers to obtain credit easier and reduce the prices of the products that you are selling. This would help reduce inventtry and increase AR b Use some of the cash to purchase more inventory c Increase production thereby increasing inventory. d None of the above.
A firm wants to strengthen its financial position. Which of the following actions would do nothing to its quick ratio?
a Allow for customers to obtain credit easier and reduce the prices of the products that you are selling. This would help reduce inventtry and increase AR
b Use some of the cash to purchase more inventory
c Increase production thereby increasing inventory.
d None of the above.
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