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Profitable firms with growing revenues may become illiquid due to: Select one: a. Increased accruals b. Increased accounts payable Oc. Decreased accounts receivables Od. Increased

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Profitable firms with growing revenues may become illiquid due to: Select one: a. Increased accruals b. Increased accounts payable Oc. Decreased accounts receivables Od. Increased accounts receivables Which of the following is least consistent with current trends in corporate liquidity? Select one: a. The difference in the cash held by large and small firms is insignificant b. Large firms have accumulated substantial cash holdings over the past few decades Oc. The adoption of generous dividend policies and share buyback programs have caused the rapid accumulation of corporate cash holdings O d. All of these are true Which of the following is not a current operating asset? Select one: a. Inventory O b. Cash holdings Oc. Prepaid expense d. Accounts receivable

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