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What is likely to be the explanation for quick ratio

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Reference no: EM132589352

Question 1: If a company's current ratio declined in year during which its quick ratio increased, what is likely to be the explanation

A. Inventory is increasing

B. Inventory is declining

C. Receivables are being collected more rapidly than before.

D. Receivables are being collected more slowly than before.

Reference no: EM132589352

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