The ability to convert assets to cash quickly is known as ________________?

Related Mcqs:

1. The ability to meet debts as they become due is known as __________________?

   A. Solvency B. Leverage C. Insolvency D. Liquidity...

2. What is an index of short-term paying ability ?

   A. Price-earnings ratio B. Current ratio C. Profit margin ratio D. Gross margin...

3. What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?

   A. Authorized capital stock B. Preferred stock C. Incorporator stock D. Common stock...

4. What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for ?

   A. Dividend B. Equity C. Return D. Par value...

5. What is another term for “current assets” ?

   A. Fixed assets B. Non-liquid assets C. Liquid assets D. Ccash...

6. What is defined as the current assets minus inventories and prepaid expenses ?

   A. Profit margin ratio B. Price-earnings ratio C. Return of investment ratio D. Quick ratio...

7. Cash money and credit necessary to establish and operate an enterprise are generally called _____________________?

   A. Capital B. Funds C. Assets D. Liabilities...

8. What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?

   A. Economic return B. Yield C. Rate of return D. Return of investment...

9. What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?

   A. Functional depreciation B. Design depreciation C. Physical depreciation D. Demand depreciation...

10. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

    A. Bond B. T-bills C. Stock D. Promissory note...