Multiple Choice
Which of the following statements is true?
A) Current assets consist of cash,accounts receivable,inventory,and net plant,property,and equipment.
B) The quick ratio is a more restrictive measure of a firm's liquidity than the current ratio.
C) For the average firm,inventory is considered to be more "liquid" than accounts receivable.
D) A successful firm's current liabilities should always be greater than its current assets.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Kingsbury Associates has current assets as follows:
Q33: The DuPont method decomposes return on equity
Q40: Skrit Corporation has a net profit margin
Q46: Common size balance sheets represent all figures
Q47: Kannan Carpets,Inc.has asked you to calculate the
Q52: Baker & Co.has applied for a loan
Q80: Financial ratios can highlight a firm's financial
Q82: Colton Corp. has current assets of $4.5
Q99: Ratios that examine profit relative to investment
Q108: Spinnit, Limited has a debt ratio of