Short-term liquidity is
A) a company's ability to turn plant assets into cash.
B) a company's ability to meet current payments as they become due.
C) current assets divided by current liabilities.
D) a company's ability to sell intangible assets.
E) a company's ability to shift current liabilities into long-term liabilities.
B
Business
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A business plan would best be described as the initial rough sketch of an idea for starting a new venture.
a. True b. False
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All of the following cause forfeiture of a corporations charter, except:
A. Bankruptcy B. Failure to pay the annual report free C. Court action D. Action of stockholders
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