• 2021-04-14
    The greater the level of current assets available relative to liabilities, the greater the firm’s ______ .
  • liquidity

    内容

    • 0

      Current liabilities are ______ from current assets to give net current assets.

    • 1

      The purpose of the current ratio is to evaluate the firm's ability to A: generate sales with a given level of current assets. B: utilize current assets profitably. C: pay its bills in the short run. D: effectively use borrowed funds.

    • 2

      A firm’s ______ reports the book value of all assets, liabilities, and owner’s equity at a given point in time.

    • 3

      A company's quick assets are $147,000 and its current liabilities are $143,000. This company's acid-test ratio is 1.03.

    • 4

      Liabilities are generally classified into( )and ( ).(2分) A: current liabilities、Non-current liabilities B: current assets、long-term assets C: accounting payable、intangible asset D: fixed asset、intangible asset