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If the current ratio remains the same at 2.0 and the quick ratio decreased from 1.5 to 1.0, what would have likely occurred? Group of
If the current ratio remains the same at 2.0 and the quick ratio decreased from 1.5 to 1.0, what would have likely occurred?
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Inventory increased relative to other current accounts
Inventory decreased relative to other current accounts
Receivables decreased relative to other accounts
The company replaced long term debt with common stock
None of the above
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