When Tri-C Corp

question 48

Multiple Choice

When Tri-C Corp.compares its ratios to industry averages,it has a higher current ratio,an average quick ratio,and a lower inventory turnover.What might you assume about Tri-C?

• A) Its cash balance is relatively low.
• B) Its cost of goods sold is relatively low.
• C) Its current liabilities are relatively low.
• D) Its average inventory is relatively high.

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