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