Financial Accounting

1: Which one of the following is correct. (i) Liquidity ratios measure's long term solvency of a concern. (ii) Inventory is a part of liquidity assets. (iii) Rule of thumb for acid test ratio is 2 : 1 (iv) The amount of gross assets is equal to net capital employed.

A.	(i), (ii) and (iv)
B.	(ii), (iii) and (iv)
C.	(i), (ii), (iii) and (iv)
D.	None of the above
	Answer : D Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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Financial Accounting

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