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The quick ratio of a firm would be unaffected by which of the following? a) land held for investment is sold for cash b) equipment
The quick ratio of a firm would be unaffected by which of the following? a) land held for investment is sold for cash b) equipment is purchased, financed by a long-term debt issue. c) inventories are sold for cash. d)inventories are sold on a short-term credit basis
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