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You are now reporting to the new Treasurer of the New England Pizza and Ice Cream Company. The Treasurer is very concerned that the Company's
You are now reporting to the new Treasurer of the New England Pizza and Ice Cream Company. The Treasurer is very concerned that the Company's Current Ratio has increased each of the past 3 years - specifically, from 1.15 to 2.72 to 4.98. Required: A. What SPECIFIC actions would you take to understand and be able to explain to the Treasurer the reasons for the increase in the Current Ratio
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