Which of the following ratios are measures of a firmrsquos


Which of the following ratios are measures of a firm’s liquidity?

I. Fixed asset turnover ratio

II. Current ratio

III. Debt-equity ratio

IV. Acid test

a. I and III only

b. II and IV only

c. III and IV only

d. I, II, and III only

e. I, III, and IV only

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Financial Management: Which of the following ratios are measures of a firmrsquos
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