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Q4.27: Firm A has liquid assets of $10 million and $8 million of debt due this year. Firm B has liquid assets of $30 million
Q4.27: Firm A has liquid assets of $10 million and $8 million of debt due this year. Firm B has liquid assets of $30 million and $25 million of debt due this year. Firm C has liquid assets of $150,000 and $145,000 of debt due this year. Firm D has $15 million in both liquid assets and debt due this year. According to the current ratio, which firm is the most liquid? A Firm D B Firm B Firm A D Firm C
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