Question: Help Save & Ext On April 1 year 8, Lenner Company sold an item of inventory to a customer at a price resulting in gross

Help Save & Ext On April 1 year 8, Lenner Company sold an item of inventory to a customer at a price resulting in gross profit to Lenzer. Which of the following statements is true regarding the effect of this transaction on the company's current ratio and quick ratio in year 8? Multiple Choice ) Both the current and the quick ratio increase The current wo increases and the quick to stays the same The current ratio says the same and the Guick roto increases Both the current and the quick to stay the same command on command

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