Question: Norton's current ratio is 2 . 5 and its quick ratio is . 9 . What is the most likely cause for this difference in
Norton's current ratio is and its quick ratio is What is the most likely cause for this difference in the current and quick ratio?
Multiple choice question.
Norton has a high inventory balance.
Norton has more current liabilities than current assets.
Norton has more accounts receivable than cash.
Norton has more fixed assets than inventory.
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