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Which of the following ratios are measures of a firm's liquidity? 1. Cash coverage ratio. II. Interval measure. III. Debt-equity ratio IV. Quick ratio. II

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Which of the following ratios are measures of a firm's liquidity? 1. Cash coverage ratio. II. Interval measure. III. Debt-equity ratio IV. Quick ratio. II and IV only I, II, and IV only I, II, and Ill only I, II, III, and IV I and Ill only QUESTION 1 Which one of these sets forth the common set of standards and procedures by which audited financial statements are prepared? The Matching Principle. The Cash Flow Identity. Generally Accepted Accounting Principles. Financial Accounting Reporting Principles. Standard Accounting Value Guidelines

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