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If a firm sold some inventory on credit as opposed to cash, there is no reason t

ID: 2698913 • Letter: I

Question

If a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. a. true b. false Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution
    If a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution Hide FeedbackShow All Feedback Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution Check My Work Feedback Post Submission Feedback Solution Check My Work Feedback Check My Work Feedback Check My Work Feedback Post Submission Feedback Post Submission Feedback Post Submission Feedback Solution Solution Solution Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution Hide FeedbackShow All Feedback Hide FeedbackShow All Feedback Check My Work Feedback Post Submission Feedback Solution Check My Work Feedback Post Submission Feedback Solution Check My Work Feedback Check My Work Feedback Check My Work Feedback Post Submission Feedback Post Submission Feedback Post Submission Feedback Solution Solution Solution
        a. true b. false

        Explanation / Answer

        False

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