Business, 18.12.2019 19:31, VETORRES

Which of the following statements regarding liquidity ratios is false? a. the purchase of a building for cash has no effect on liquidity. b. a high current ratio generally indicates the ability to pay current liabilities on a timely basis. c. as a rule of thumb, a current ratio of 1 or higher often reflects an acceptable level of liquidity. d. all of the other statements are true. e. providing services to customers for cash improves liquidity.

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Which of the following statements regarding liquidity ratios is false? a. the purchase of a buildin...