All of the following ratios would be useful in assessing an entity's liquidity except:
A)profit margin.
B)current ratio.
C)quick ratio.
D)accounts receivable turnover.

Question

Quizplus · Accepted Answer

Profit margin is a measure of profitability, not liquidity. The other ratios (current ratio, quick ratio, accounts receivable turnover) all assess an entity's ability to meet short-term obligations and manage its cash flow.

All of the Following Ratios Would Be Useful in Assessing