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Which of the following statements is true? Ratio analysis is used to assess a company's profitability. Liquidity ratios are used to measure a company's ability

Which of the following statements is true?

Ratio analysis is used to assess a company's profitability.

Liquidity ratios are used to measure a company's ability to pay its current obligations.

Solvency ratios are used to measure a company's ability to pay its total obligations.

All of the statements are true.

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