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Two companies have an identical amount of current assets and current liabilities. Donald Inc. has 40% of its current assets invested in inventory, whereas Mickey
Two companies have an identical amount of current assets and current liabilities. Donald Inc. has 40% of its current assets invested in inventory, whereas Mickey Corp. has 30% of its current assets invested in inventory. Which of the following statements is true? Donald will have the higher quick ratio. O Donald will have the higher current ratio. The companies are equally liquid because their current ratios are the same. O Donald is less liquid than Mickey
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