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(Answered) If a firm's current ratio is less than 1.0, it indicates tha


13. If a firm's current ratio is less than 1.0, it indicates that;a. The firm had negative net income for the year;b. The firm will be unable to pay its shortterm loans which come due this year;c. Current Assets are less than Current Liabilities;d. The firm is insolvent;14. A firm which has a relatively large amount of cash and receivables in its current assets accounts and a relatively small amount of current liabilities would be considered;a. liquid;b. profitable;c. risky;d. nuts
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If a firm's current ratio is less than 1.0, it indicates tha

 


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