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Assume Nike had a Current Ratio of 3.4 and its competitor has a Current Ratio...

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Accounting

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Assume Nike had a Current Ratio of 3.4 and its competitor has a Current Ratio of 1.3. Which of the following statements is true? Competitors can easily raise capital through a bank loan as compared to Nike Competitor has better liquidity Nike needs to borrow cash immediately Nike has better liquidity

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