Examlex
Which of these statements correctly describes iron?
Profitability
The ability of a business to generate earnings over its costs and expenses, reflecting its financial health and efficiency.
Working Capital
The difference between a company’s current assets and current liabilities, indicating its short-term financial health and efficiency.
Current Ratio
A liquidity ratio that measures a company’s ability to pay short-term obligations with its current assets.
Quick Ratio
A financial ratio that measures a company’s ability to meet its short-term obligations with its most liquid assets.
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