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Quotes of the day:
Success and failure are both difficult to endure. Along with success come drugs, divorce, fornication, bullying, travel, meditation, medication, depression, neurosis and suicide. With failure comes failure.
Quick liquidity ratio is the total amount of a company’s quick assets divided by the sum of its net liabilities and its reinsurance liabilities. Quick assets are liquid assets such as cash, short-term investments, equities, and corporate and government bonds nearing maturity. The quick liquidity ratio shows the amount of liquid assets an insurance company can tap into on short notice.
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