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Walmart Operates on a Quick Ratio of Less Than 0

Question 65

Multiple Choice

Walmart operates on a quick ratio of less than 0.20 because it collects cash:


A) quickly and has a large amount of receivables.
B) slowly and has almost no receivables.
C) slowly and has a large amount of receivables.
D) quickly and has almost no receivables.
E) quickly and has only long-term receivables.

Correct Answer:

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