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A higher Current Ratio and Quick Ratio indicates Select one: a. Less liquidity and less...

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Accounting

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A higher Current Ratio and Quick Ratio indicates Select one: a. Less liquidity and less risk b. More liquidity and more risk c. More liquidity and less risk d. Less liquidity and more risk Select one: a. A higher Accounts Payable Turnover means firm is paying suppliers more slowly. b. A firm with a lower Accounts Payable turnover is taking greater advantage of interest-free financing. c. A higher Accounts Payable Turnover leads to higher Days Payable Outstanding. d. A firm with a lower Accounts Payable Turnover may be taking greater advantage of discounts for prompt payment. Which of the following statements are true? Select one or more: a. Paying suppliers faster increases Cash Collection Period. b. An increase in the Cash Collection Period means more liquidity. c. Selling inventory faster decreases Cash Collection Period. d. Collecting receivables more slowly decrease Cash Collection Period. e. A decrease in the Cash Collection Period means more liquidity

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