Author Question: If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is (Read 101 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?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

For a complete list of videos, visit our video library