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Which of the following statements is/are true? I. The correct order for forecasting financial statements is the balance sheet, income statement and statement of cash
Which of the following statements is/are true? I. The correct order for forecasting financial statements is the balance sheet, income statement and statement of cash flows. II. A high Days sales in Inventory is desired because less working capital is tied up in inventory. III. The quick ratio will always be lower than the current ratio due to the removal of marketable securities in the numerator. a. One is true b. One is false c. All are true d. All are false
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