What does liquidity ratio measure?
...What does liquidity ratio measure?
Measures operating efficiency of a company
Measures the ability of a company to meet its current obligations
Measures the value of investments of a company
Measures the financial leverage of a company
Correct answer is B
Liquidity ratio attempt to measure the ability to meet up with current obligations e.g. current ratio which measures the current asset to current liabilities.
In public sector accounting, salaries of employees are classified as ...
Interest on a partner's drawings is debited to the ...
Segun Ojo, didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, ...
The partnership deed normally specifies? ...
Which of the following bases of accounting does not make allowance for depreciation? ...
In dealing with incomplete record, fixed assets are posted to___________ ...
Cash discount received would be shown in the i. cash book ii. discount received accoun...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...