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A firm has an abnormally high level of cash on hand. What impact would this have? Select all items below that are correct. Select one
A firm has an abnormally high level of cash on hand. What impact would this have? Select all items below that are correct. Select one or more: a. Increases the firm's financial leverage b. Decreases the firm's asset turnover ratio c. Decreases the firm's financial leverage O d. Increases the firm's liquidity e. Increases the firm's book value of owners' equity
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