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Business, 16.03.2020 18:09 bain80

Which statement is true?Multiple ChoiceThe less liquid assets a firm holds, the less likely it is that the firm will experience financial distress. Extremely high levels of liquidity guard against liquidity crises, but at the cost of lower returns on assets. The lower the liquidity ratios, the less liquidity risk a firm has. Liquid assets generate profits for the firm.

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