3. If a company purchases $1 million of raw materials with cash: a. Quick Ratio: Will the...

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3. If a company purchases $1 million of raw materials with cash: a. Quick Ratio: Will the quick ratio increase, decrease, or remain unchanged? b. Current Ratio: Will the current ratio increase, decrease, or remain unchanged

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3. If a company purchases $1 million of raw materials with cash: a. Quick Ratio: Will the...

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