A Firm Has an Interval Measure of 48

question 8

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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Definitions:

Ownership

The legal right to possess, use, and dispose of something; typically refers to property or assets.

Sales

The exchange of goods or services for money, constituting the primary revenue stream for most businesses.

Family Businesses

Businesses owned and operated by multiple generations of a family, often characterized by personal relationships and traditions.

Nation's GDP

The total monetary value of all goods and services produced within a country’s borders in a specific time period, used as a broad measure of overall economic activity.