Which of the Following Ratios Is Not Generally Considered to Be

question 67

Multiple Choice

Which of the following ratios is not generally considered to be helpful in assessing short-term liquidity?

• A)Acid-test ratio
• B)Current ratio
• C)Days' to collect receivables
• D)Total asset turnover

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Definitions:

Corrective Action

Steps taken to eliminate causes of existing nonconformities or undesirable situations to prevent recurrence.

Daniel Kahneman

A psychologist known for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the Nobel Prize in Economic Sciences.

Fast

Moving or capable of moving at high speed.

Slow

Characterized by a rate of motion or progress that is less than usual or desired.