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Which of the following statements is incorrect? 1- It is possible for a profitable company to go out of business because of short-term liquidity problems
Which of the following statements is incorrect? 1- It is possible for a profitable company to go out of business because of short-term liquidity problems 2- If a company has a current ratio greater than 2, it will never go out of business because of liquidity problems 3- The current ratio is always greater than or equal to the quick ratio 4- The accuracy of a cash flow forecast is inversely related to the forecast horizon
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