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during 2017, Whiteflour Inc sold $300,000 goods to customer for $480,000 on account, of which $400,000 was collected in cash. Which of the following ratio
during 2017, Whiteflour Inc sold $300,000 goods to customer for $480,000 on account, of which $400,000 was collected in cash. Which of the following ratio would increase as a result?
select one or more
a) quick ratio (originally 0.75:1)
b) AR turnover (originally 10 times)
c) Return on asset(originally 8%)
d) return on equity ( originally 15%)
e) Current ratio(originally 1.5:1)
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