Initially a firm's current and quick ratios were 2.0 and 1.2, respectively. If both the inventory and receivables turnover increase, what can you conclude about 1. The firm's use of financial leverage 2. The firm's need for financing Initially a firm's current and quick ratios were 2.0 and 1.2, respectively. If both the inventory and receivables turnover increase, what can you conclude about 1. The firm's use of financial leverage 2. The firm's need for financing