Multiple Choice
Juanita has the following three ratios: (1) debt service coverage = 2.5, (2) debt ratio = 0.5,and (3) liquidity ratio = 0.8.We can say that Juanita has
A) poor solvency and poor liquidity.
B) strong solvency and strong liquidity.
C) strong liquidity but poor solvency.
D) strong solvency but poor liquidity.
Correct Answer:
Verified
Correct Answer:
Verified
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