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Which of the following statements is most correct? Group of answer choices A) If a company increases its current liabilities by $1,000 and simultaneously increases
Which of the following statements is most correct?
Group of answer choices
A) If a company increases its current liabilities by $1,000 and simultaneously increases its inventories by $1,000, its current ratio must rise
B) If a company increases its current liabilities by $1,000 and simultaneously increases its inventories by $1,000, its quick ratio must fall
C) A companys quick ratio may never exceed its current ratio
D) Statements b and c are correct
E) None of the answers above is correct
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