Multiple Choice
If your liquidity ratio is 1.50,you have
A) $1.50 in liquid assets for $1.00 of take-home pay.
B) $1.50 in liquid assets for $1.00 of current liabilities.
C) $1.50 in liquid assets for $1.00 of total liabilities.
D) $1.50 in liquid assets for $1.00 of total assets.
Correct Answer:
Verified
Correct Answer:
Verified
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