Marina owns a pizza shop and wants to know how many times her assets can...
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Accounting
Marina owns a pizza shop and wants to know how many times her assets can cover her liabilities. She assumes all assets are liquid; thus, she decides to divide the shop's assets by its liabilities. Despite owning quite a bit, the shop possesses valuable equipment able to be sold at a high price. What is Marina calculating? Current ratio Acidtest ratio Quick ratio Leverage ratio
Marina owns a pizza shop and wants to know how many times her assets can
cover her liabilities. She assumes all assets are liquid; thus, she decides to
divide the shop's assets by its liabilities. Despite owning quite a bit, the shop
possesses valuable equipment able to be sold at a high price. What is Marina
calculating?
Current ratio
Acidtest ratio
Quick ratio
Leverage ratio
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