The Best Measure of Company Ability to Meet Imminent Financial

question 38

Multiple Choice

The best measure of company ability to meet imminent financial obligations is known as the

• A) debt ratio.
• B) profit margin.
• C) total asset turnover.
• D) current ratio.

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Definitions:

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Line Structure

The simplest organizational structure, in which direct lines of authority extend from the top manager to the lowest level of the organization.