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

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Author Question: If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is (Read 108 times)

nummyann

Hero Member
Posts: 576

on: Apr 12, 2019

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.

Personal Finance ¦ Madura ¦ 6^th Edition

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memslove

Sr. Member
Posts: 321

Reply #1 on: Apr 12, 2019

4.0.

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nummyann

Hero Member
Posts: 576

Reply #2 on: Apr 12, 2019

Thanks

memslove

Sr. Member
Posts: 321

Reply #3 on: Apr 12, 2019

Welcome

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