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The current and quick ratios help us measure a firm's liquidity. The current ratio measures the firm's ability to pay off short-term obligations without relying

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The current and quick ratios help us measure a firm's liquidity. The current ratio measures the firm's ability to pay off short-term obligations without relying on the sale of inventories, while the quick ratio measures the relationship of the firm's current assets to its current liabilities. (True/False) True False

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