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    Practical Financial Management Study Set 1
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    Exam 3: Cash Flows and Financial Analysis
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    If a Firm's Current Ratio and Quick Ratio Have Been
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If a Firm's Current Ratio and Quick Ratio Have Been

Question 83

Question 83

True/False

If a firm's current ratio and quick ratio have been steadily decreasing, the underlying cause might be traced to the credit manager's relaxed attitude about enforcing prompt payment from customers.

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