Financial Liquidity

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Ahmad Co. had the following balances on
Dec,31 2019: cash flow provided by
operating activities $ 120000, cash flow
used by operating activities $ 75000,
liabilities $ 100000, non-current liabilities $
60000, compute the Financial Liquidity
ratio:
Select one:
a..75
b..45
C..888
d. 1.125
Transcribed Image Text:Ahmad Co. had the following balances on Dec,31 2019: cash flow provided by operating activities $ 120000, cash flow used by operating activities $ 75000, liabilities $ 100000, non-current liabilities $ 60000, compute the Financial Liquidity ratio: Select one: a..75 b..45 C..888 d. 1.125
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