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All of the following accounts would typically be used to calculate the quick ratio except: cash. equipment. accounts payable. accounts receivable. None of the answer
All of the following accounts would typically be used to calculate the quick ratio except: cash. equipment. accounts payable. accounts receivable. None of the answer choices is correct. Question pts If net sales is growing at a greater rate than cost of goods sold, which of the following will always be true? The gross margin ratio will decrease. The gross margin ratio will increase. Net income will increase. Net income will decrease. None of the answer choices is correct.
All of the following accounts would typically be used to calculate the quick ratio except:
cash.
equipment.
accounts payable.
accounts receivable.
None of the answer choices is correct.
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pts
If net sales is growing at a greater rate than cost of goods sold, which of the following will always be true?
The gross margin ratio will decrease.
The gross margin ratio will increase.
Net income will increase.
Net income will decrease.
None of the answer choices is correct.
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