Question: A firm has a lower quick (or acid test) ratio than the industry average, which implies Select one: a. the firm is less likely to

A firm has a lower quick (or acid test) ratio than the industry average, which implies Select one: a. the firm is less likely to avoid insolvency in short run than other firms in the industry. b. None of the available choices c. the firm has a lower P/E ratio than other firms in the industry d. the firm may be more profitable than other firms in the industry

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