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Accounting for IGCSE & O level - Advanced Principles (Section 8 - No. 47)

What impact does an increase in accounts receivable have on the quick ratio?
Increases the quick ratio.
Decreases the quick ratio.
Has no impact on the quick ratio.
Cannot be determined.

Пояснення

Accounts receivable is included in the quick ratio, so the change does not affect it.

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