Which statement is true?
A. Liquid assets generate profits for the firm.
B. The less liquid assets a firm holds, the less likely it is that the firm will experience financial distress.
C. Extremely high levels of liquidity guard against liquidity crises, but at the cost of lower returns on assets.
D. The lower the liquidity ratios, the less liquidity risk a firm has.
Answer: C
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Retailers collect price data about their competitors to
A. see if they need to adjust their prices. B. determine service quality. C. match supply and demand. D. assess the quality of services provided. E. maximize their sales and profits by means of yield management.
A company must pay each month's bills for rent, heat, interest, and executive salaries regardless of the company's level of output. This exemplifies its ________ costs
A) overhead B) variable C) target D) total E) unit
Because the acceptable rate of accuracy is 70% among Internet journalists, dealing with the media has grown increasingly challenging
Indicate whether the statement is true or false
Cost of goods sold / Average inventory is the formula for which of these analytical measures?
a. rate earned on total assets b. number of days' sales in inventory c. inventory turnover d. current ratio