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, inventory