Highly liquid assets: Multiple Choice increase the probability a firm will face financial distress. include all intangible assets. generally produce a high rate of return. can be sold quickly at close to full value. appear on the right side of a balance sheet.

Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same