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"Inventory is not included in quick assets while calculating the quick ratio. But inventory is included in the numerator while calculating the current ratio. So, an increase in the numerator for Firm X because of greater inventory makes its current ratio more than Firm Y. Accounts payable are included in current liability, and it’s the same in the case of quick ratio and current ratio. We do not have full information about turnover ratios so can not comment on that. Therefore, greater inventory for Firm X will result in a higher current ratio"
How many pairs of ribs are typically present in the human body?
Which of the following represents the pair of sex chromosomes in men?
Which of these statements are accurate regarding the molecular structures of DNA and RNA?
Statements:
1. DNA is a doublestranded molecul...
Which organism in the Protista kingdom exhibits characteristics of both plants and animals?
What is the scientific name of the human species?
Consider the following;
I. Asthma
II. Baldness
III. Athle...
Cell was discovered by
Leprosy, also known as Hansen’s disease, is a chronic disease caused by
Which of the following is the main end product of carbohydrate digestion?
What is the outer layer of a dental crown called?