Suppose that you wanted to calculate a financial ratio to measure your liquidity.You would most likely use the ________ ratio.
A)debt
B)long-term debt coverage
C)savings
D)current
E)none of the above

Question

Quizplus · Accepted Answer

The current ratio measures a company's ability to pay off short-term liabilities with its short-term assets. This ratio is a common measure of liquidity as it indicates the company's ability to meet its financial obligations in the short-term.

Suppose That You Wanted to Calculate a Financial Ratio to Measure