
FC L4 P2
Quiz
•
Others
•
KG
•
Practice Problem
•
Easy
castroregine undefined
Used 4+ times
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50 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Formula: Current assets/Current
liabilities
Evaluate responses using AI:
OFF
Answer explanation
Current ratio
2.
OPEN ENDED QUESTION
3 mins • 1 pt
otherwise known as the
working capital ratio,
Evaluate responses using AI:
OFF
Answer explanation
Current ratio
3.
OPEN ENDED QUESTION
3 mins • 1 pt
measures the
ability of a business to meet its
short-term obligations that are due
within a year.
Evaluate responses using AI:
OFF
Answer explanation
Current ratio
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Avery high
_ may mean there is excess
cash that should possibly be invested
elsewhere in the business or that there
is too much inventory. Most believe that
a ratio between 1.2 and 2.0 is sufficient
Evaluate responses using AI:
OFF
Answer explanation
Current ratio
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Generally acceptable current ratio
is .
Evaluate responses using AI:
OFF
Answer explanation
2:1
6.
OPEN ENDED QUESTION
3 mins • 1 pt
Quick ratio
Formula:
Evaluate responses using AI:
OFF
Answer explanation
Cash+Marketable
securities+Accounts receivable
net/Current asset
7.
OPEN ENDED QUESTION
3 mins • 1 pt
also known as the acid-test
ratio
Evaluate responses using AI:
OFF
Answer explanation
Quick ratio
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