Each of the Following Is a Liquidity Ratio Except the

question 55

Multiple Choice

Each of the following is a liquidity ratio except the

• A) acid-test ratio.
• B) current ratio.
• C) debt to assets ratio.
• D) inventory turnover.

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Definitions:

Personal Selling

A direct marketing approach where sales professionals interact face-to-face with potential customers to present products or services.

Secretary-Treasurer

An official who performs both the duties of a secretary and a treasurer, typically within an organization.

Shareholders' Resolution

A formal decision or motion adopted by the shareholders of a corporation during a meeting, often relating to governance, policy, or financial decisions.

Quorum

The minimum number of members required to be present at a meeting to make the proceedings of that meeting valid.