All of the following are considered to be measures of a company's short-term debt-paying ability except:
A. Earnings per share.
B. Inventory turnover.
C. Current ratio.
D. Average collection period.
Answer: A
You might also like to view...
The Uniform Commercial Code requires the original owners of the goods to bear the burden of collecting from their fraudulent buyers.
Answer the following statement true (T) or false (F)
Which of the following is the best example of a Type I subsequent event?
a. A related-party transaction occurs during the course of the audit. b. The company defaults on its line-of-credit with the bank subsequent to year end but previous to the release of the audit opinion. c. Litigation that was accrued as a liability in the year under audit is settled subsequent to year-end for an amount in excess of estimates. d. The company initiates an initial public offering subsequent to year-end.
When asked to rate professions by how much they were trusted, what was the only profession Gallup Poll respondents rated higher than 15 percent?
a. doctors b. nonprofit charity officers c. police officers d. nurses
The ability to meet short-term obligations and to efficiently generate revenues is called:
A. Liquidity and efficiency. B. Creditworthiness. C. Profitability. D. Market prospects. E. Solvency.