CFO Danny al Baydah believes that the best indicator of his company's financial strength is how quickly its assets can be turned into cash, or the company's ________.
A)profitability
B)fluidity
C)liquidity
D)liability

Question

Quizplus · Accepted Answer

Liquidity refers to the ability of a company to quickly turn its assets into cash, which is a crucial factor in determining its financial strength. Profitability refers to the amount of profit a company generates, while fluidity and liability are not relevant to measuring financial strength in this context.

CFO Danny Al Baydah Believes That the Best Indicator of His