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1. What does a firms liquidity measure? Why do investors analyze liquidity? How does liquidity relate to risk? 2. What does a firms solvency measure?

1. What does a firms liquidity measure? Why do investors analyze liquidity? How does liquidity relate to risk?

2. What does a firms solvency measure? Why is a high level of debt relative to equity considered riskier?

3. How do firms report assets on the balance sheet under IFRS?

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