Multiple Choice
The cash ratio is used to evaluate the:
A) liquidity of a firm.
B) speed at which a firm generates cash.
C) length of time that a firm can pay its bills if no additional cash becomes available.
D) ability of a firm to pay the interest on its debt.
E) relationship between the firm's cash balance and its current liabilities.
Correct Answer:
Verified
Correct Answer:
Verified
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