Exam (elaborations)
CFA Level 1 Ratios Exam Questions and Answers
- Course
- Institution
Current Ratio - Answer- Current Assets/ Current Liabilities LiquidityRatio higher-more likely to be able to pay short term bills Quick Ratio - Answer- Cash+Marketable Securities+Receivables/ Current Liabilities Liquidity Ratio higher-more likely to be able to pay short term bills ...
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