Question: Question 2 0 ( 5 points ) A firm has a current ratio of 2 . 0 and a quick ratio of 1 . 6

Question 20(5 points)
A firm has a current ratio of 2.0 and a quick ratio of 1.6. If the firm doubles their inventory and intends to pay for it within 30 days of receipt, what will be their new current ratio?
1.5
4
3.6
1.71
 Question 20(5 points) A firm has a current ratio of 2.0

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