The relationship between current liabilities and current assets is

A. useful in determining income
B. useful in evaluating a company's liquidity
C. Called the matching principle
D. useful in determining the amount of a company's long-term debt

Answer: B. useful in evaluating a company's liquidity

Business

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persuasive positional opinion celebrity

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A(n) _______________ is a decrease in net assets to generate revenue.

a. asset b. liability c. revenue d. expense e. common stock

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