The Ratio of the Sum of Cash, Receivables, and Marketable

question 119

True/False

The ratio of the sum of cash, receivables, and marketable securities to current liabilities is referred to as the current ratio.

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Definitions:

Offering

A product, service, or idea presented to the market by a business, including attributes like price, quality, and features catering to the needs or desires of consumers.

Economic Activities

Actions that relate to the production, distribution, and consumption of goods and services in an economy.

Tax Burden

The total amount of taxes that individuals or businesses must pay to governmental authorities.

Offering

A product, service, or opportunity presented to consumers or clients by a business or organization.