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Over the past year, M.D. Ryngaert & Co. had an increase in

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Over the past year, M.D. Ryngaert & Co. had an increase in its current ratio and a decline in its total assets turnover ratio. However, the company's sales, cash and equivaletns, DSO and its fixed assets turnover ratio have remained constant. What balance sheet accounts must have changed to produce the indicated changes?
Submitted: 8 years ago.
Category: Homework
Expert:  Neo replied 8 years ago.

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