If a firm's existing quick ratio is 1.0, and all other variables remain unchanged, the quick ratio can be increased by:
A) repayment of a loan.
B) selling of inventory on credit.
C) receiving interest income.
D) collecting accounts receivable.
E) purchase of fixed assets for cash.

Question

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The Answer of If a firm's existing quick ratio is 1.0, and all other variables remain unchanged, the quick ratio can be increased by:
A) repayment of a loan.
B) selling of inventory on credit.
C) receiving interest income.
D) collecting accounts receivable.
E) purchase of fixed assets for cash.

If a Firm's Existing Quick Ratio Is 1