Scott company had a current ratio of 2.76: 1 in year 1 and 2.57: 1 in year 2. this change in current ratio indicates that the
a) company is able to sell its inventory faster.
b) company's customers are paying their accounts sooner.
c) company's debt-paying ability has improved.
d) company's debt-paying ability has weakened.
Answers: 1
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