McqMate
Q. |
The primary purpose of the liquidity ratios is to determine |
A. | how much working capital is tied up in inventory? |
B. | the relative level of short-term debt. |
C. | how well a firm is able to pay off short-term obligations? |
D. | more than one of the above. |
Answer» C. how well a firm is able to pay off short-term obligations? |
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