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Question 3 (1 point) Which one of the following will decrease the liquidity level of a firm? 1) Cash sale of an long-term asset 2)

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Question 3 (1 point) Which one of the following will decrease the liquidity level of a firm? 1) Cash sale of an long-term asset 2) Proceeds from a long-term loan 3) Payment of cash dividend 4) Cash sale of inventory 5) Collection of an account receivable

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