Page No. 53
Pick up the correct statement from the following?
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Which one the following is a correct statement ?
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What is defined as the current assets minus inventories and prepaid expenses ?
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The common ratio is the ratio of_______________?
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What is an index of short-term paying ability ?
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The financial health of the company is measured in terms of______________?
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What is the basic accounting equation ?
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The ability to convert assets to cash quickly is known as ________________?
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The ability to meet debts as they become due is known as __________________?
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