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Which of the Following Statements Is incorrect

Question 7

Multiple Choice

Which of the following statements is incorrect?


A) If the current ratio is too high the company may not be managing its assets effectively.
B) If the current ratio is too high the company may have overly high levels of inventory.
C) If the current ratio is too high the company may have too much cash on hand.
D) If the current ratio is too high the company may have an insignificant amount of receivables.

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