Author Question: If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is (Read 106 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?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library