A Firm Has an Interval Measure of 48

question 24

Multiple Choice

A firm has an interval measure of 48. This means that the firm has sufficient liquid assets to do which one of the following?

• A) Pay all of its debts that are due within the next 48 hours
• B) Pay all of its debts that are due within the next 48 days
• C) Cover its operating costs for the next 48 hours
• D) Cover its operating costs for the next 48 days
• E) Meet the demands of its customers for the next 48 hours

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