Question: Which statement is not correct? Select one: a. High liquidity ratios are not necessarily desirable. b. A current ratio of greater than 2:1 means that

Which statement isnotcorrect?

Select one:

a.

High liquidity ratios are not necessarily desirable.

b.

A current ratio of greater than 2:1 means that an entity does not have sufficient liquidity to pay its debts as they fall due

c.

Low liquidity ratios are not desirable

d.

Low liquidity ratios can indicate liquidity problems.

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