Multiple Choice
The formula for the ________ is current assets divided by current liabilities.
A) acid test ratio
B) current ratio
C) profit margin
D) return on equity
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: _ are current liabilities consisting of bills
Q10: Explain the role of accountants and distinguish
Q12: An asset is _.<br>A) the amount of
Q13: _ is the field of accounting that
Q15: _ expenses,such as management salaries and maintenance
Q16: Which of the following corporations have been
Q17: A satisfactory current ratio indicates that a
Q19: Cash transactions involved in buying and selling
Q57: The auditor has expressed concerns about the
Q69: If a company's assets exceed its liabilities,owners'