Question
Fill in the blanks by selecting appropriate word/s the
List II. List I: 1. The _________ ratios are primarily measures of return: 2. The _________ of business firm is measured by its ability to satisfy its short-term obligations as they become due: 3. _________ ratios are a measure of the speed with which various accounts are converted into revenue from operations or cash: 4. The two basic measures of liquidity are _______,_______. 5. The _________ is a measure of liquidity which excludes _______, generally the least liquid asset. List II: a. profitability b. liquidity c. activity d. current ratio, liquid ratio e. liquid ratio, inventorySolution
The correct answer is A
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