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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    The Financial Ratio Measured as Current Assets Divided by Average
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The Financial Ratio Measured as Current Assets Divided by Average

Question 121

Question 121

Multiple Choice

The financial ratio measured as current assets divided by average daily operating costs is the:


A) Cash ratio.
B) NWC to total assets ratio.
C) Acid-test ratio.
D) Interval measure.
E) Operating measure.

Correct Answer:

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