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In the short run, what distinguishes liquidity from profitability? 1. There are no distinguishable differences. 2. Profitability increases owners' equity, liquidity does not. 3. Creditors

In the short run, what distinguishes liquidity from profitability?

1. There are no distinguishable differences.

2. Profitability increases owners' equity, liquidity does not.

3. Creditors are more interested in profitability than liquidity.

4. Owners have an interest in profitability but not in liquidity.

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