Multiple Choice
The quick ratio of a firm with current assets of $300,000, current liabilities of $100,000 and inventory of $100,000 is:
A) 1:1
B) 2:1
C) 3:1
D) 4:1
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q109: Higher levels of fixed costs result in
Q110: The price/earnings ratio shows how much investors
Q111: Which of the following would not be
Q112: Internally generated funds for financing new asset
Q113: Return on total assets is calculated as
Q115: The numerator of the break-even equation is
Q116: Financial leverage ratios indicate the extent to
Q117: Firm A has a total debt to
Q118: If a firm has sales of $100,
Q119: The five basic groups of ratios are