Question: 7 Multiple Choice 1 pointA company's current ratio decreased from 3 last year to 2 this year. One of the reasons is likely to be:Slower
Multiple Choice pointA company's current ratio decreased from last year to this year. One of the reasons is likely to be:Slower collection of accounts receivablesUsed cash to buy longterm assetsInventory is not selling as quicklyUsed cash to buy other current assets
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