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    Fundamentals of Corporate Finance Study Set 18
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    Exam 4: Analyzing Financial Statements
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    A Firm's Current Ratio Changed from 1
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A Firm's Current Ratio Changed from 1

Question 62

Question 62

True/False

A firm's current ratio changed from 1.4 times in the previous year to 1.6 times in the current year. Based on this information, we can conclude that the firm's liquidity has improved.

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