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What is means that lane

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Question 1: The current assets of Lane Enterprises are considered very liquid at December 31, 2012. This means that Lane:

Select one:

a. has a larger quick ratio than current ratio.

b. must decrease its liquidity in order to appear more favorable to potential investors.

c. should attempt to borrow money in order to remain in business.

d. is able to pay its current obligations using its current assets.

Reference no: EM132585281

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