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4 When net financial obligations are positive: a. The firm's financial assets are less than its current liabilities. b. The firm's borrowing exceeds its lending.
4
When net financial obligations are positive:
a. | The firm's financial assets are less than its current liabilities. | |
b. | The firm's borrowing exceeds its lending. | |
c. | The firm has net financial obligations. | |
d. | The firm's borrowing is less than its lending. | |
e. | b and c |
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