Please answer with reason for all why the option is correct and why the other...

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Accounting

Please answer with reason for all why the option is correct and why the other options are incorrect 78. Liquidity ratios are used: A. O To assess the financial position of a firm at a point of time B.To evaluate the performance of a firm over a period of time c.To judge a firm's ability to meet short-term obligations D.To assess the present and expected earnings of a firm

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