Which of the following is true of current ratio?
select one:
a. a higher c...
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Which of the following is true of current ratio?
select one:
a. a higher current ratio indicates a higher return on equity.
b. the more predictable a firm's cash flows, the higher the acceptable current ratio.
c. the more predictable a firm's current ratio, the higher the current liabilities.
d. a higher current ratio indicates a greater degree of liquidity.
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Answers: 1
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