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Assume Nike had a Current Ratio of 3.4 in the prior year and a Current Ratio of 3.0 in the current year. Which of the

Assume Nike had a Current Ratio of 3.4 in the prior year and a Current Ratio of 3.0 in the current year. Which of the following statements is true?

Nike decreased its risk related to long-term debt

Nike improved its profitability

Nikes ability to sell its inventory declined

Nikes ability to pay current liabilities declined

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