What does the term "liquidity" refer to in finance? A) The ability to convert assets into cash quickly without significant loss of value B) The ability to increase company profits C) The level of debt in the company D) The diversity of the investment portfolio

Need  help! What is the inventory turnover ratio if cost of goods sold is $90,000 and average inventory is $15,000?A. 3B. 6C. 9D. 12

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What is the inventory turnover ratio if cost of goods sold is $90,000 and average inventory is $15,000?A. 3B. 6C. 9D. 12

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A firm’s total assets are $200,000, and liabilities are $120,000. What is the equity?A. $80,000B. $100,000C. $120,000D. $200,000

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