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    Question

    Fill in the blanks by selecting appropriate word/s the

    List II. List I: 1.┬а┬а┬а The _________ ratios are primarily measures of return: 2.┬а┬а┬а The _________ of business firm is measured by its ability to satisfy its short-term obligations as they become due: 3.┬а┬а┬а _________ ratios are a measure of the speed with which various accounts are converted into revenue from operations or cash: 4.┬а┬а┬а The two basic measures of liquidity are _______,_______. 5.┬а┬а┬а The _________ is a measure of liquidity which excludes _______, generally the least liquid asset. List II: a.┬а┬а┬а profitability b.┬а┬а┬а liquidity c.┬а┬а┬а┬а activity d.┬а┬а┬а current ratio, liquid ratio e.┬а┬а┬а liquid ratio, inventory
    A 1-a, 2-b, 3-c, 4-d, 5-e Correct Answer Incorrect Answer
    B 1-a, 2-b, 3-c, 4-e, 5-d Correct Answer Incorrect Answer
    C 1-a, 2-b, 3-c, 4-d, 5-e Correct Answer Incorrect Answer
    D 1-a, 2-b, 3-d, 4-c, 5-e Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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