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Which of the following is most correct? Question 2 options: A large current ratio (relative to competitors) is good from the standpoint of liquidity, and
Which of the following is most correct?
Question 2 options:
A large current ratio (relative to competitors) is "good" from the standpoint of liquidity, and would likely increase profitability. | |
A large current ratio (relative to competitors) is "good" from the standpoint of liquidity, but could damage profitability. | |
A small current ratio (relative to competitors) is "good" from the standpoint of liquidity, but could damage profitability. |
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