Assume a company's liquidity ratios all are less than 1.0 before it purchases inventory on credit. When it makes the purchase:
a) Its current ratio decreases.
b) Its quick ratio remains unchanged.
c) Its quick ratio decreases.
d) Its current ratio remains unchanged.
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Home » Business » Assume a company's liquidity ratios all are less than 1.0 before it purchases inventory on credit. When it makes the purchase: a) Its current ratio decreases. b) Its quick ratio remains unchanged. c) Its quick ratio decreases.