Measures of liquidity indicate the performance of a firm's operations during a given time period.
举一反三
- If a firm's liquidity ratio is higher than industry average, it may indicate the firm has too many current assets.
- t__________ the value of goods and services that a company sells during a given period of time
- Which financial statement reports the amounts of cash that the firm generated and distributed during a particular time period?
- A high degree of liquidity can enhance the firm’s safety, but an excessive degree of liquidity can reduce the firm’s return.
- A total asset turnover ratio of 3.5 indicates that A: For every $1 in sales, the firm acquired $3.50 in assets during the period. B: For every $1 in assets, the firm produced $3.50 in net sales during the period. C: For every $1 in assets, the firm earned gross profit of $3.50 during the period. D: For every $1 in assets, the firm earned $3.50 in net income. E: For every $1 in assets, the firm paid $3.50 in expenses during the period.