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Please answer in Excel with formulas and proper labels for a great rating! Thank you! P 6-24 Required Answer the following multiple-choice questions: a. A

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Please answer in Excel with formulas and proper labels for a great rating! Thank you!

P 6-24 Required Answer the following multiple-choice questions: a. A company's current ratio is 2.2 to 1 and quick (acid-test) ratio is 1.0 to 1 at the beginning of the year. At the end of the year, the company has a current ratio of 2.5 to 1 and a quick ratio of 0.8 to 1. Which of the following could help explain the divergence in the ratios from the beginning to the end of the year? (continued)

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