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The quick ratio of a firm would be unaffected by which of the following? A) Inventories are sold on a short-term credit basis. B) Inventories
The quick ratio of a firm would be unaffected by which of the following? A) Inventories are sold on a short-term credit basis. B) Inventories are sold for cash. C) Land held for investment is sold for cash. D) Equipment is purchased, financed by a long-term debt issue
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