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Two days ago, Josh analyzed two gigantic home improvement retailers The Home Depot, Inc. (HD) and Lowes Companies, Inc. (LOW) and found that HD and
Two days ago, Josh analyzed two gigantic home improvement retailers The Home Depot, Inc. (HD) and Lowes Companies, Inc. (LOW) and found that HD and LOW have the same quick ratio, but HD has a greater current ratio than LOW. Based on the information, Josh concluded that
A.
HD has a higher receivables turnover ratio.
B.
LOW has lower payables.
C.
HD has greater inventory.
D.
None of the above.
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