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You are analyzing a firm and you find that its quick ratio is decreasing over time. Are you concerned, and if so, why? Group of

You are analyzing a firm and you find that its quick ratio is decreasing over time. Are you concerned, and if so, why?

Group of answer choices

( )

Yes, the firm is moving closer to technical insolvency.

( )

No.

( )

Yes, the firm doesn't have enough quick assets.

( )

None of the answers is correct.

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