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Commerce · Q478

Accounting

Graduate and Post Graduate · Commerce · question 478

Q478

Liquidity ratios are used:

A.
To assess the financial position of a firm at a point of time
B.
To evaluate the performance of a firm over a period of time
C.
To judge a firm's ability to meet short-term obligations
Answer
D.
To assess the present and expected earnings of a firm

Answer: Option C

Solution

Answer: Option C
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