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

Related Mcqs:

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?

A. Return of investment B. Interest rate C. Yield D. Rate of return...

A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000?

A. 28.33 % B. 29.17 % C. 30.12 % D. 30.78 %...

Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%?

A. P 9,358.41 B. P 9,228.45 C. P 9,250.00 D. P 9,308.45...

In computing depreciation of an equipment, which of the following represents the first cost ?

A. The original purchase price and freight charges B. Installation expenses C. Initial taxes and permit fees D. All of the above...

The ratio of the net income before taxes to net sales is called __________________?

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