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Lakeland Co. had a current ratio of 2.5 last year and 2.3 this year. They had a quick ratio of 1.4 last year and 1.6

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Lakeland Co. had a current ratio of 2.5 last year and 2.3 this year. They had a quick ratio of 1.4 last year and 1.6 this year. Which of the following can we know? Cash increased Inventory increased Cash declined Accounts Receivable increased Inventory declined

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