©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:43 PM.
ACTG 210 FINAL Exam Questions With
Correct Answers 100% Verified.
Liquidity refers to:
a. the life cycle of the company
b. the amount of receivables the company has in its balance sheet
c. the amount of financial leverage
d. none of the above - Answer✔d. none of the above
which one of the following ratios does not involve assets?
a. current ratio
b. profit margin
c. account receivable turnover
d. inventory turnover - Answer✔b. profit margin
which ratio provides an indication of the salability of the companys products?
a. account receivable turnover
b. current ratio
c. inventory turnover
d. gross profit margin - Answer✔c. inventory turnover
which of the following is one measure of liquidity?
a. debt to equity ratio
b. times interest earned
c. quick ratio
d. none of the above - Answer✔c. quick ratio
1|Page
ACTG 210 FINAL Exam Questions With
Correct Answers 100% Verified.
Liquidity refers to:
a. the life cycle of the company
b. the amount of receivables the company has in its balance sheet
c. the amount of financial leverage
d. none of the above - Answer✔d. none of the above
which one of the following ratios does not involve assets?
a. current ratio
b. profit margin
c. account receivable turnover
d. inventory turnover - Answer✔b. profit margin
which ratio provides an indication of the salability of the companys products?
a. account receivable turnover
b. current ratio
c. inventory turnover
d. gross profit margin - Answer✔c. inventory turnover
which of the following is one measure of liquidity?
a. debt to equity ratio
b. times interest earned
c. quick ratio
d. none of the above - Answer✔c. quick ratio
1|Page
