Author Question: A ratio that indicates a firm's ability to quickly liquidate assets to pay off current debt is ... (Read 109 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
A ratio that indicates a firm's ability to quickly liquidate assets to pay off current debt is called the acid test.
  Indicate whether the statement is true or false

Question 2

A recent poll showed that a politician's popularity rate dropped from 32 to 29. What percent decrease does this represent? (Round to the nearest tenth of a percent)



Tonny

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

TRUE

Answer to Question 2

9.4



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library