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Choose one of the 3 main types of ratios (liquidity, solvency, or profitability) and give the definition. (see Illustration 2.9) Give an example of how

Choose one of the 3 main types of ratios (liquidity, solvency, or profitability) and give the definition. (see Illustration 2.9) Give an example of how it is measured and calculated (ratio or formula). Explain why a bank would utilize this ratio when deciding whether they should loan money to a business. Give an example.

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