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Question 16 Which of the following statements is FALSE? A company's Quick Ratio is typically higher than its Current Ratio. Total debt-to-equity ratio excludes operating

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Question 16 Which of the following statements is FALSE? A company's Quick Ratio is typically higher than its Current Ratio. Total debt-to-equity ratio excludes operating liabilities from the numerator. Collaterals help limit loss given default. Financial covenants establish certain limits on financial ratios

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