The relationship between current liabilities and current assets is
A. useful in determining income.
B. useful in evaluating a company's liquidity.
C. called the matching principle.
D. useful in determining the amount of a company's long-term debt.
Answer:B
The relationship between current liabilities and current assets is
A. useful in determining income. B. useful in evaluating a company's liquidity. C. called the matching principle. D. useful in determining the amount of a company's long-term debt.