Statements concerning liquidity

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Reference no: EM13731323

Which one of the following statements concerning liquidity is correct?

Fixed assets are more liquid than current assets.

Balance sheet accounts are listed in order of decreasing liquidity.

Liquid assets tend to be highly profitable.

The less liquidity a firm has, the lower the probability the firm will encounter financial difficulties.

Trademarks and patents are highly liquid.

Reference no: EM13731323

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