If your liquidity ratio is 1.50, you have
A)
$1.50 in liquid assets for $1.00 of take-home pay.
B)
$1.50 in liquid assets for $1.00 of current liabilities.
C)
$1.50 in liquid assets for $1.00 of total liabilities.
D)
$1.50 in liquid assets for $1.00 of total assets.
B
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Because employees know that bonding is an insurance policy against loss from theft, bonding does not generally discourage loss from theft.
Answer the following statement true (T) or false (F)
Police departments, armies, and most universities are examples of _____________ institutions.
Fill in the blank(s) with the appropriate word(s).
The terms paralegal and legal assistant should not be used interchangeably as positions and skills required are very different
Indicate whether the statement is true or false
Trago Company manufactures a single product and has a JIT policy that ending inventory must equal 5% of the next month's sales. It estimates that May's ending inventory will consist of 14,000 units. June and July sales are estimated to be 280,000 and 290,000 units, respectively. Trago assigns variable overhead at a rate of $1.80 per unit of production. Fixed overhead equals $400,000 per month. Compute the total budgeted overhead for June.
A. $920,200. B. $878,800. C. $922,000. D. $904,900. E. $930,100.