Author Question: If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is (Read 85 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576

If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is


◦ 0.25.
◦ 4.0.
◦ 1,000.
◦ 4,000.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library