1 answer

End Benchmark 2016 2015 Ind. Avg. LIQUIDITY Current Quick 1.60 X 0.90 x 1.90 1.20 1.80...

Question:

end Benchmark 2016 2015 Ind. Avg. LIQUIDITY Current Quick 1.60 X 0.90 x 1.90 1.20 1.80 1.00 ASSET MANAGEMENT 2.80 Inventory Turnover Days Sales Outstanding 125.00 days 125.00 Fixed Asset Turnover Total Asset Turnover 2.75 130.00 0.80 0.40 2.60x 0.80 X 0.40 x 0.90 0.45 Consider the table above, which of the following is true? O The quick ratio indicates a possible short term liquidity problem. O The current ratio indicates a high level of profitability. O The days sales outstanding is improving relative to last year. The inventory turnover is better than the benchmark
end Benchmark 2016 2015 Ind. Avg. LIQUIDITY Current Quick 1.60 X 0.90 x 1.90 1.20 1.80 1.00 ASSET MANAGEMENT 2.80 Inventory Turnover Days Sales Outstanding 125.00 days 125.00 Fixed Asset Turnover Total Asset Turnover 2.75 130.00 0.80 0.40 2.60x 0.80 X 0.40 x 0.90 0.45 Consider the table above, which of the following is true? O The quick ratio indicates a possible short term liquidity problem. O The current ratio indicates a high level of profitability. O The days sales outstanding is improving relative to last year. The inventory turnover is better than the benchmark

Answers

Answer is a

the quick ratio indicates a possible short term liquidity problem because this ratio has decreased in comparison of previous year and also below the industry average

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