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discuss the meaning of liquidity and solvency as it applies to a company's liquidity and credit-risk. It is often thought that the higher the company's

discuss the meaning of liquidity and solvency as it applies to a company's liquidity and credit-risk. It is often thought that the higher the company's current ratio and/or the lower the debt-to-asset ratio, the better the company's financial condition. Do you agree with these statements? Select from industry examples noted below to support/explain your point of view:

Industry

Company

Current Ratio

Debt-Asset Ratio

Oil & Gas

Industry Average 2020

1.08

.52

Exxon

.80

.51

Marathon Oil

1.32

.41

BP America

11.01

.66

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