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Business, 12.04.2021 22:40 lizzet2557

Suppose a firm’s liquidity ratios are compared to those of its peer group. In comparison to its competitors, managers cannot gauge whether the firm has more money in current assets for every dollar of short-term debt.

the firm needs more vacation time.

the firm has more money in inventory than its competitors.

the firm has more cash and accounts receivable for every dollar of short-term debt.

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Suppose a firm’s liquidity ratios are compared to those of its peer group. In comparison to its comp...
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