Vidyalelo
Commerce · Q227

Accounting

Graduate and Post Graduate · Commerce · question 227

Q227

Which of the following items of balance sheet are useful in evaluating a company's liquidity?

A.
Current assets and other assets
B.
Current liabilities and current assets
Answer
C.
Current liabilities and plant and equipment
D.
In current liabilities and other assets

Answer: Option B

Solution

Answer: Option B
Solution:
Current liabilities and current assets items of balance sheet are useful in evaluating a company's liquidity.