Which of the following is a measure of the potential losses an FI could suffer as the result of fire-sale disposal of assets?
A. Quick ratio.
B. Liquidity index.
C. Financing gap and financing requirement
D. Peer group ratio.
E. Current ratio.
Ans: B. Liquidity index.
Business
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Eve is a contractor. Kanye contracts with Eve to remodel his tiny home. After finishing the remodel, Eve sends Kanye an invoice. Which of the following is true?
A. Eve is in default. B. Kanye is a secured creditor. C. Eve is an unsecured creditor. D. Kanye’s tiny home is collateral.
Business
During background assessment stage of a marketing plan, the manager analyzes the current competitive, customer, and category situation and determines how the firm's capabilities match these three external elements
Indicate whether the statement is true or false
Business