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Which of the following statements is correct for the Quick Ratio? please help fast (2) Which of the following statements is correct for the Quick

Which of the following statements is correct for the Quick Ratio?

please help fast

(2) Which of the following statements is correct for the Quick Ratio? A. Using cash to buy inventory will increase the quick ratio B. Using cash to buy inventory will reduce the quick ratio C. Using cash to buy inventory will not affect the quick ratio D. The quick assets refers to the residual amount after the deduction of cash from the total current assets

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