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In Comparison to Industry Averages,Okra Corp

Question 19

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In comparison to industry averages,Okra Corp.has a low inventory turnover,a high current ratio,and an average quick ratio.Which of the following would be the most reasonable inference about Okra Corp.?


A) Its current liabilities are too low.
B) Its cost of goods sold is too low.
C) Its cash and securities balance is too low.
D) Its inventory level is too high.

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