Which Ratio Tells Whether a Company Has Sufficient Assets to Convert

question 19

Multiple Choice

Which ratio tells whether a company has sufficient assets to convert into cash to pay off its debts?

• A)Current
• B)Quick
• C)Inventory turnover
• D)Conversion
• E)Gross margin

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Definitions:

Family

A social unit consisting of individuals who are connected by blood, marriage, or adoption, functioning as a single household and participating in various emotional, economic, and social duties.

Endogamy

Marriage within a particular group or category of individuals.

Exogamy

A social arrangement in which individuals are required to marry outside their social group, clan, or tribe, promoting alliances and diversity in genetic contribution.

Woman-Woman Marriage

A cultural practice in which a woman assumes the social role of a husband to another woman, often for purposes of lineage or inheritance, observed in some African societies.