The ________ Ratio Is a Conservative Measure of a Firm's

question 123

Multiple Choice

The ________ ratio is a conservative measure of a firm's liquidity and shows the extent to which a firm's most liquid assets cover its current liabilities.

• A)current
• B)quick
• C)turnover
• D)net profit

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Definitions:

Invertebrates

Animals without a backbone, comprising a diverse group including insects, mollusks, and arachnids.

Vertebrates

Animals that have a backbone or spinal column, including fishes, amphibians, reptiles, birds, and mammals.

Filter

A device or process that removes impurities or separates particles from a liquid or gas.

Engulf

To surround or envelop completely, often used to describe how one cell can consume another.