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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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