Probably the Most Common Measure of Short-Term Liquidity Is the

question 30

Multiple Choice

Probably the most common measure of short-term liquidity is the

• A)Acid-test.
• B)Current ratio.
• C)Quick ratio.
• D)Working capital.

---

Definitions:

Par Value

The face value of a bond or stock, as stated on the certificate, which is the nominal value rather than the market value.