Multiple Choice
Martin Inc. has a cash ratio of 0.3. This implies that the company ________.
A) has an unnecessarily large amount of cash supply
B) is not sending a strong message to investors and creditors that it has the ability to repay its short-term debt
C) is not in a position to meet its long-term obligations
D) has no liquidity issues
Correct Answer:
Verified
Correct Answer:
Verified
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