A firm uses $1 million in cash to purchase inventories. a. Will its current ratio rise or

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A firm uses $1 million in cash to purchase inventories.
a. Will its current ratio rise or fall?
b. Will its quick ratio rise or fall?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 30, 2016 09:09 AM

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A firm uses $1 million in cash to purchase inventories. a. Will its current ratio rise or

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Fundamentals of Corporate Finance

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