Question 8 When comparing to its competitors, ABC Corp. has a high inventory turnover, a low current ratio, and an average quick ratio. Which of the following would be the most reasonable inference about ABC Corp a) Its current liabilities are too high. b) Its cost of goods sold is too high. c) Its cash and securities balance is too high. d) Its inventory level is too low.

When comparing to its competitors, ABC Corp has a high inventory turnover, a low current ratio, and an average quick ratio. Which of the following would be the most reasonable ference bo ABC Cup a) Its current liabilities are too high b) Its cost of goods sold is too high c) Its cash and securities balance is too high d) its inventory level is too low