Question: Pick up the correct statement from the following: The ability of a company to meet obligations which are likely to mature in short term, is

Pick up the correct statement from the following:
The ability of a company to meet obligations which are likely to mature in short term, is called liquidity.
The liquidity ratio may be defined as a relationship of current liabilities and current assests and advances.
The liquidity ratios are used to indicate the financial position of the firm.
All of these

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