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During the Year,Dempsey Corporation's Current Ratio Increased While Its Quick

Question 143

Multiple Choice

During the year,Dempsey Corporation's current ratio increased while its quick ratio decreased.Which of the following could help explain this situation?


A) A decrease in accounts receivable during the year
B) An increase in accounts payable during the year
C) The sale of short-term investments during the year
D) An increase in inventory levels during the year

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