Multiple Choice
How many of the following statements are true? Liquidity refers to a company's ability to pay current obligations or debts.
A company is always considered a serious credit risk if its quick ratio is below one.
All other things equal, the existence of a line of credit enhances the ability of a company to meet its short-term obligations.
Liquid assets include all current assets.
A) One
B) Two
C) Three
D) Four
Correct Answer:
Verified
Correct Answer:
Verified
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