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12-06-2024
Business

Answered

Your client Sam has a liquidity ratio of 0.9. What does this represent for Sam?

a. Sam has a large emergency fund he can access in times of need
b. Sam has a greater value of assets than liabilities
c. Sam has too much debt
d. Sam can support himself should his income stop for 90% of a year
e. Sam is in a poor financial position with few liquid assets

Answer :

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