Listed Below Are Five Terms Followed by a List of Phrases

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Acid-test ratio

A) Also know as the quick ratio.
B) Current assets divided by current liabilities.
C) Refers to riskiness of a company with regard to the amount of liabilities in its capital structure.
D) Relates to the amount of time before an asset is converted to cash or a liability is paid.
E) If four to one, 80% of assets are debt-financed.