MCQOPTIONS
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| 1. |
________ is characteristic of liquidity ratios. |
| A. | Organization’s ability to meet its current debt obligations |
| B. | Organization’s use of debt to finance its assets and whether it’s able to meet the interest payments on the debt |
| C. | How efficiently the firm is using its assets |
| D. | None of given options |
| Answer» B. Organization’s use of debt to finance its assets and whether it’s able to meet the interest payments on the debt | |