________ is a measure of how well a firm can meet its short-term cash requirements
A) Leverage (total debt/total assets)
B) Liquidity (current assets/current liabilities)
C) Inventory turnover (annual sales/inventory)
D) Return on equity (net profit before taxes/total assets invested)
Answer: B
Business
You might also like to view...
If the seller was intoxicated at the time of the contract was signed and did not fully understand the significance of the agreement, the contract is
A. valid B. void C. voidable D. unenforceable due to the statute of frauds
Business
The basic purpose of antitrust law is to regulate economic competition
a. True b. False Indicate whether the statement is true or false
Business