Examlex
Which statement about the language acquisition device is FALSE?
Cash Budgets
Financial plans that forecast a company's cash inflows, outflows, and net cash balance for a specific period.
Acid-Test Ratio
A financial metric that evaluates a company's ability to pay off its current liabilities with its easily liquidated assets, also known as the quick ratio.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.
Inventory Turnover Ratio
A financial metric used to measure the efficiency of a company's inventory management by dividing the cost of goods sold by average inventory.
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