Question: Over the past year, M. D. Ryngaert & Co. has realized an increase in its current ratio and a drop in its total assets turnover

Over the past year, M. D. Ryngaert & Co. has realized an increase in its current ratio and a drop in its total assets turnover ratio. However, the company’s sales, quick ratio, and fixed assets turnover ratio have remained constant. What explains these changes?

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