Question
1) A companys quick ratio is 1.5:1; current liabilities are OMR 200,000 and inventory is OMR 180,000. Current ratio will be: a) 1.9 : 1
1) A companys quick ratio is 1.5:1; current liabilities are OMR 200,000 and inventory is OMR 180,000. Current ratio will be:
a) 1.9 : 1
b)1.4 : 1
c)0.9 : 1
d)2.4 : 1
2)Commercial paper is a type of:
a) Government Bond
b)Fixed coupon Bond
c)Money market debt instrument
d)Equity share capital
3)Which of the following is not the responsibility of the financial manager?
a)Allocation of funds to current and capital assets
b)Preparation of the firms financial statements
c)Development of an appropriate dividend policy
d)Obtaining the best mix of financing alternatives
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