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Business, 21.05.2021 17:50 chrismax8673

Firms A and B have the same current ratio, 0.75, the same amount of sales and cost of goods sold, and the same amount of current liabilities. However, Firm A has a higher inventory turnover ratio than B. Therefore, we can conclude that A's quick ratio must be smaller than B's. a) True
b) False

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Firms A and B have the same current ratio, 0.75, the same amount of sales and cost of goods sold, an...
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