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What effect would the following actions have on the numerator and denominator of a firm's quick ratio? Assume that the quick ratio is greater than

What effect would the following actions have on the numerator and denominator of a firm's quick ratio?

Assume that the quick ratio is greater than 1. 1) inventory is purchased with short-term credit

the numerator will _____________________and the denominator will ___________ (hint: not change, increase, decrease)

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