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Question 1 (0.5 points) Saved An example of a liquidity ratio is: 1) fixed asset turnover. 2) current ratio. 3) acid test or quick ratio.

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Question 1 (0.5 points) Saved An example of a liquidity ratio is: 1) fixed asset turnover. 2) current ratio. 3) acid test or quick ratio. 4) 1 and 3. 5) 2 and 3. You purchased 100 shares of ABC common stock on margin at $70 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call? Assume that the stock pays no dividend and ignore interest on margin. 1) $21 2) $50 3) $49 4) $80 5) $75

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