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When Tri - C Corporation compares its ratios to industry averages, it has a higher current ratio, an average quick ratio, and a lower inventory
When TriC Corporation compares its ratios to industry averages, it has a higher current ratio, an average quick ratio, and a lower inventory turnover. What might you assume about TriC
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Its cash balance is relatively low.
Its cost of goods sold is relatively low.
Its current liabilities are relatively low.
Its average inventory is relatively high..
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