The ________ of a business firm is measured by its ability to ...

[Mollykgkg]

The ________ of a business firm is measured by its ability to satisfy its short-term obligations as they come due.
 
  A) activity
  B) liquidity
  C) debt
  D) profitability

Question 2

Flotation costs reduce the net proceeds from the sale of a bond whether sold at a premium, at a discount, or at its par value.
 
  Indicate whether the statement is true or false

[marict]

Answer to Question 1

B

Answer to Question 2

TRUE