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Holly Inc. and Molly Inc. report the following information: Holly Molly Cash $150 $110 Accounts Receivable 105 112 Wages Payable 205 210 Which of the

Holly Inc. and Molly Inc. report the following information:

Holly Molly

Cash $150 $110

Accounts Receivable 105 112

Wages Payable 205 210

Which of the following statements is true?

Holly has a better current ratio

Molly has a better current ratio

Holly and Molly have the same liquidity position

None of the above statements are true

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