If there were no other changes and the current ratio equals 1, which of the following would have no impact on the quick ratio? Select one:
a. Inventories are purchased with cash.
b. Accounts payables are relinquished with cash.
c. Cash is received for Fixed Assets that are sold.
d. Long-term debt is issued to pay off a short-term bank loan.
e. Collection of accounts receivables is made.
