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If a firms current ratio is 3.0, its current liabilities exceed its current assets. its current liabilities equal its current assets. it is possible for

If a firms current ratio is 3.0,

its current liabilities exceed its current assets.

its current liabilities equal its current assets.

it is possible for its quick ratio to be smaller than 3.0.

it is possible for its quick ratio to be larger than 3.0.

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