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Which of the Following Statements Is True

Question 51

Multiple Choice

Which of the following statements is true?


A) Current assets consist of cash,accounts receivable,inventory,and net plant,property,and equipment.
B) The quick ratio is a more restrictive measure of a firm's liquidity than the current ratio.
C) For the average firm,inventory is considered to be more "liquid" than accounts receivable.
D) A successful firm's current liabilities should always be greater than its current assets.

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