Ratios That Test Liquidity Include All of the Following EXCEPT

question 85

Multiple Choice

Ratios that test liquidity include all of the following EXCEPT:

• A)acid-test ratio.
• B)current ratio.
• C)return on assets.
• D)inventory turnover.

---

Definitions:

Reciprocal Relationship

A mutual or two-sided relationship where both parties benefit, contribute, or are influenced by each other.

Psychological State

The mental condition of a person at a given time, encompassing emotions, thoughts, attitudes, and feelings.

Permanent State

A condition or status that does not change over time and remains constant indefinitely.

Despair

A profound sense of hopelessness, often accompanied by a loss of motivation and decreased emotional well-being.