The most precise test of liquidity is

Related MCQs

• Liquidity ratios are expressed in
• Liquidity ratios measure the --------- solvency of a firm
• The objectives of Cash Flow Statement are (i) Analysis of cash position (ii) Short-term cash planning (iii) Evaluation of liquidity (iv) Comparison of operating Performance
• Given inventory of 24,000, other current assets of 12,000 and current liabilities of 20,000, the acid test (quick ratio) will be:
• In a sound business, acid test ratio ------------------- is considered satisfactory
• What would be the most likely impact on trade receivables days if invoice discounting was offered to and accepted by a large customer of a business?
• Improvement in time performance is most likely NOT enhanced by
• In a product mix decision, which is the most important factor to consider to try to maximise profit?