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please solve all parts of this question urgently and perfectly. mention each part answer as you give Please indicate whether the following statements on liquidity
please solve all parts of this question urgently and perfectly. mention each part answer as you give
Please indicate whether the following statements on liquidity and profitability are true or false: Liquidity and profitability go hand in hand; if a company is liquid it is also sure to be profitable. Selling assets that a business does not need anymore increases its cash flow from operations. A business that makes a profit is sure to be a profitable business. If the acid test ratio is higher than 1 , then the working capital ratio is also higher than 1. Cash flow from operations shows whether a company generates cash with its core business. Money is an important means of exchange in our economy. Please indicate whether the following statements on money are true or false: a Without money people are not able to exchange goods or services. b In a world without money the concept of opportunity cost would be pointless. c Total equity of a company equals its cash position. d A high inflation rate decreases the purchasing power of money. e Money can be used as a unit of accountStep by Step Solution
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