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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 8: The Balance Sheet: Content, Use and Analysis
  5. Question
    A Measure of How Quickly a Business Can Convert Its
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A Measure of How Quickly a Business Can Convert Its

Question 20

Question 20

Multiple Choice

A measure of how quickly a business can convert its assets into cash to pay its bills is called:


A) solvency.
B) flexibility.
C) working capital.
D) liquidity.

Correct Answer:

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