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Author Question: Which of the following would be viewed as a measure of the firm's ability to meet its long-term ... (Read 90 times)

bobbysung

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on: Jul 21, 2018

Which of the following would be viewed as a measure of the firm's ability to meet its
  long-term financial obligations?


 
 

a. Liquidity ratio
  b. Balance sheet ratio
  c. Return on investment
  d. Operating ratio
  e. Debt ratio



Question 2

Use the following information to compute the current ratio:Total
   liabilities  18,000
  Total assets 200,000
  Current assets 80,000
  Current liabilities 20,000
  Owner's equity 60,000
  Net income 120,000
  Gross income 340,000


 
 

a. 0.25
  b. 4.00
  c. 4.40
  d. 10.00
  e. 6.00



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Shshxj

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Reply #1 on: Jul 21, 2018
Answer to Question 1

E

Answer to Question 2

B


bobbysung

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  • Posts: 519
Reply 2 on: Jul 21, 2018
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

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  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

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