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Which of the following is a true statement? Liquidity is the ability of the firm to adapt to new situations and opportunities. Cash flow measurement

Which of the following is a true statement?

		Liquidity is the ability of the firm to adapt to new situations and opportunities.
		Cash flow measurement is more uniform than income measurement.
		The current-noncurrent classification system in the balance sheet is a good guide to liquidity.
		The balance sheet gives insight into the cash-generating potential of operations.

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