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Which of the following is generally not favorable? A. increase in current ratio B. increase in average collection period. C. increase in gross margin percentage.

Which of the following is generally not favorable? A. increase in current ratio B. increase in average collection period. C. increase in gross margin percentage. D. increase in inventory turnover .

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Brown Corporation has a current ratio of 2 in year 1. In year 2, Brown Corporation's current ratio increases to 4. What does this higher current ratio indicate? The company's short-term debt is coming due A within the next year The company's long-term debt is coming due B within the next year The company's short-term debt is more likely C to be paid on-time and in full D The company has excess cash to pay liabilities

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