Question
Which of the following about liquidity ratios is true ? a.Owners prefer a high current ratio b.Creditors prefer a low acid-test ratio c.Owners prefer a
- Which of the following about liquidity ratios istrue?
a.Owners prefer a high current ratio
b.Creditors prefer a low acid-test ratio
c.Owners prefer a very high cash balance
d.Owners and suppliers prefer a shorter (a lower number of days) accounts receivable collection period for accounts receivable
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Financial Accounting
Authors: Jan Williams, Susan Haka, Mark S Bettner, Joseph V Carcello
16th edition
1259692396, 77862384, 978-0077862381
