Each of the Following Is a Liquidity Ratio Except the

question 67

Multiple Choice

Each of the following is a liquidity ratio except the

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

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Definitions:

Connection Fees

Charges levied by service providers for connecting new users to their service network, such as electricity, water, or telecommunications.

Telecommunications Network

An arrangement of computing and telecommunications resources for transmitting data and voice communications across distances.

Commercial Substance

The alteration in the economics of a transaction, indicating that the timing, amount, or security of the cash flows of an asset or liability is expected to change significantly.

Approval

is the formal consent required to validate or authorize certain actions or decisions, typically within a business or regulatory context.