Don liquidity ratio


Don has assets of $5,000, of which $1,800 are in checking and savings accounts. His annual expenses are $15,000. Don's liquidity ratio is:

(a) 0.333

(b) 3.00

(c) 0.12

(d) 1.44

Request for Solution File

Ask an Expert for Answer!!
Business Management: Don liquidity ratio
Reference No:- TGS0107583

Expected delivery within 24 Hours