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Which statement is true? The lower the liquidity ratios, the less liquidity risk a firm has. O Extremely high levels of liquidity guard against liquidity
Which statement is true? The lower the liquidity ratios, the less liquidity risk a firm has. O Extremely high levels of liquidity guard against liquidity crises, but at the cost of lower returns on assets. Liquid assets usually generate greater profits for the firm than less liquid assets. None of these are correct. The less liquid assets a firm holds, the less likely it is that the firm will experience financial distress
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