What does the ratio suggest about the firm

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Question 1: A firm's current ratio is above of the previous year; however, the firm's quick ratio is below the previous year What does these ratio suggest about the firm?

a) Has relatively more total current assets and even more inventory than the previous year

b) Is very efficient at managing inventories in the current year

c) Has liquidity that is superior to the average firm in the industry

d) none of these is correct

Reference no: EM132495509

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