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Which of the following combinations of asset structures and financing patterns is likely to create the most volatile earnings? a. llliquid assets and heavy short-term

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Which of the following combinations of asset structures and financing patterns is likely to create the most volatile earnings? a. llliquid assets and heavy short-term borrowing b. Liquid assets and heavy short-term borrowing c. Liquid assets and heavy long-term borrowing d. illiquid assets and heavy long-term borrowing

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