If a company’s current ratio declined in a year during which its quick ratio improved, which of the following is the most likely explanation? a. Inventory is increasing. b. Inventory is declining. c....

If a company’s current ratio declined in a year during which
its quick ratio improved, which of the following is the most
likely explanation?
a. Inventory is increasing.
b. Inventory is declining.
c. Receivables are being collected more rapidly than in
the past.
d. Receivables are being collected more slowly than in
the past.