Multiple Choice
What does the acid test ratio eliminate from its calculation, because it is considered the least liquid of the current assets?
A) Bank bills
B) Accounts receivable
C) Government securities
D) Inventory
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: Which of these ratios measure returns to
Q15: If the price-earnings ratio is 8 times,
Q24: R Co had a profit of $100,000
Q38: Which of these is not a limitation
Q44: Success Ltd has a price-earnings ratio of
Q44: If gross profit is $500,000, interest expense
Q45: What does the current ratio measure?<br>A)Use of
Q48: What is a good benchmark to compare
Q49: Which ratio is considered to be the
Q50: The following information was extracted from