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A firm's current assets increase from 1.4 million in 2014 to 1.7 million in 2015. If the firm's current liabilities are unchanged at $1.1 million,
A firm's current assets increase from 1.4 million in 2014 to 1.7 million in 2015. If the firm's current liabilities are unchanged at $1.1 million, and inventory remains unchanged, what is the change in the firm's quick ratio? O A. no change O B. cannot be determined O C. increase of 0.30 OD. increase of 0.28 O E. increase of 1.27
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