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Scott Company had a current ratio of 2.76:1 in Year 1 and 2.57:1 in Year 2. This change in current ratio indicates that the A.companys
- Scott Company had a current ratio of 2.76:1 in Year 1 and 2.57:1 in Year 2. This change in current ratio indicates that the
- A.companys debt-paying ability has improved.
- B.companys debt-paying ability has weakened.
- C.companys customers are paying their accounts sooner.
- D.company is able to sell its inventory faster.
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