Correct Answer: (Current assets – Inventories) / Current Liabilities
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Financial Statements Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Financial Statements MCQ Questions
When profits are reinvested into the business, what are they called?
Which of the following is NOT a component of the acronym EBITDA?
How will a business acquisition typically impact a company’s cash flow?
What is the overall objective of using ratio analysis?
Which of the following would be reported as a cash inflow from investing activities?
Which does NOT describe an expense?
When an auditor feels that an opinion cannot be expressed as to the fairness of a company's financial statements as a whole, he issues a/an ________________ .
Which ratio would NOT be used to assess a firm's long-term liquidity risk?
Which transaction does NOT result in an inflow of cash?
If a company's rate of return on assets is 20 percent and the profit margin percentage is 5 percent, the company's total assets turnover must be which of the following?