Which of the following financial ratios would be most useful to an auditor seeking information on a
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Question:
Which of the following financial ratios would be most useful to an auditor seeking information on a company’s ability to cover current obligations?
A. Number of days sales in average receivables. | ||
B. Quick ratio. | ||
C. Profit margin. | ||
D. Sales-to-assets. |
Related Book For
Engineering Mechanics Statics & Dynamics
ISBN: 9780134895154
15th Edition
Authors: Russell C. Hibbeler
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