Question: Over the past year , M. D. Ryngaert & Co. has realized an increase in its current ratio and a drop in its total assets
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? (explain your answer)
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