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Which of the following statements related to liquidity is true? a.Long-term assets are more liquid than current assets. b.A decrease in a company's working capital

Which of the following statements related to liquidity is true?

a.Long-term assets are more liquid than current assets.

b.A decrease in a company's working capital improves its liquidity.

c.Liquidity is the ability of a business to pay its debts.

d.An increase in a company's current assets improves its liquidity.

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