In a sound business, acid test ratio ------------------- is considered satisfactory
A) 1:2
B) 2:1
C) 1:1
D) 0.5:1
Correct Answer:
Verified
Q5: The relationship between total outside liabilities and
Q6: Debt service ratio is also known as
Q7: Debt equity ratio is an example of
Q8: Income tax payable come under ------------------
A)Long term
Q9: Stock and prepaid expanses are not included
Q11: Cost of good sold+operating expanses=-------------------------
A)Total cost
B)Cost of
Q12: Example of activity ratios ------------------------
A)Gross profit ratio
B)Net
Q13: Example of leverage ratio
A)Debtors velocity
B)Stock turnover ratio
C)Current
Q14: Current ratio is an example of --------------------
A)Leverage
Q15: Stock turn over ratio is an example
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