_____ is a measure of how well a firm can meet its short-term cash requirements.
A. Leverage (total debt/total assets)
B. Liquidity (current assets/current liabilities)
C. Inventory turnover (annual sales/inventory)
D. Return on equity (net profit before taxes/total assets invested)
Answer:B
_____ is a measure of how well a firm can meet its short-term cash requirements.
A. Leverage (total debt/total assets) B. Liquidity (current assets/current liabilities) C. Inventory turnover (annual sales/inventory) D. Return on equity (net profit before taxes/total assets invested)