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Please explain why If a firm's quick ratio is equal to its cash ratio, we can say that the firm: A. Has no receivables B.
Please explain why
If a firm's quick ratio is equal to its cash ratio, we can say that the firm: A. Has no receivables B. Faces a potentially serious liquidity crisis C. Is in a loss-making position D. Has a low level of current liabilities a Step by Step Solution
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