What does the current ratio measure? a) Liquidity b) Profitability c) Leverage d) Cash Flow

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5MC
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Financial Accounting MCQ

What does the current ratio measure?
a) Liquidity
b) Profitability
c) Leverage
d) Cash Flow
Transcribed Image Text:What does the current ratio measure? a) Liquidity b) Profitability c) Leverage d) Cash Flow
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