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Assume Nike Incs current ratio was 2.10 in the current year and 2.40 in the prior year. which of the following statements is true? Nike

Assume Nike Incs current ratio was 2.10 in the current year and 2.40 in the prior year. which of the following statements is true?

Nike improved their liquidity

Nike decrease their percentage of total debt financing

Nikes current ratio improved

Nike ability to pay off short-term obligations with current assets weekened.

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