Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following ratios is not generally considered to be helpful in assessing short-term liquidity? A. Current ratio B. Cash ratio C. Acid test

Which of the following ratios is not generally considered to be helpful in assessing short-term liquidity?

A. Current ratio

B. Cash ratio

C. Acid test ratio

D. Times interest earned

Step by Step Solution

3.42 Rating (146 Votes )

There are 3 Steps involved in it

Step: 1

Answer Option D Liquidity ratios are essential for organizations since they are utiliz... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial ACCT2

Authors: Norman H. Godwin, C. Wayne Alderman

2nd edition

9781285632544, 1111530769, 1285632540, 978-1111530761

More Books

Students also viewed these General Management questions