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
E) equity

Question

Quizplus · Accepted Answer

The term used to describe how quickly assets can be turned into cash is liquidity. This measure is important because it shows how easily a company can pay its short-term debts and obligations. Therefore, the best choice is C, liquidity.

CFO Danny Al Baydah Believes That the Best Indicator of His