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Author Question: A temporary parking place for cash means holding liquid assets until the investment environment for ... (Read 78 times)

nmorano1

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A temporary parking place for cash means holding liquid assets until the investment environment for long-term assets improves.
 
  Indicate whether the statement is true or false

Question 2

Assume that a firm issues a six-month note to purchase inventory. Which of the following is true if
  the current ratio before the purchase is 1.0?
 
  A) The firm's current ratio must decrease. B) The firm's current ratio will increase.
  C) The firm's quick ratio might decrease. D) The firm's quick ratio will stay the same.


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harveenkau8139

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nmorano1

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Reply 2 on: Jul 11, 2018
Excellent


aruss1303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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