Which statement is true:

Which statement is true:



a. Liquidity refers to the ability of a company to meets its long-term (and current) obligations.
b. Profitability refers to the ability of a company to meets its long-term (and current) obligations.
c. Efficiency refers to the ability of a company to meets its long-term (and current) obligations.
d. Solvency refers to the ability of a company to meets its long-term (and current) obligations.





Answer: D


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