Two Commonly Used Liquidity Ratios Are the Inventory Turnover Ratio

question 98

True/False

Two commonly used liquidity ratios are the inventory turnover ratio and the leverage ratio.

---

Definitions:

Club Meeting

A scheduled gathering of members of a particular group or organization to discuss issues, plans, or activities related to the group's interests.

Attendance

The act of being present at a particular place or event.

Persons

Refers to individuals or entities that are capable of possessing rights and duties.

Long-Run Equilibrium

A market condition where supply equals demand, all firms are maximizing profit, and no firm has an incentive to change its output.