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The most-likely effect of a write-down of inventory to net realizable value on a firm's...

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Accounting

The most-likely effect of a write-down of inventory to net realizable value on a firm's quick ratio is:

Based on the book said under the Inventory Adjustment " An inventory write-down reduces both profit and the carrying amount of inventory on the balance sheet and thus has a negative effect on Profitability, liquidity, and solvency ratios".

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