Which of the following ratios is a good measure of the liquidity of a city's...
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Accounting
Which of the following ratios is a good measure of the liquidity of a city's resources? Select one: a Debt service expenditures as a percentage of revenues b Cash and shortterm investments divided by current liabilities c Sales taxes as a percentage of total taxes d Fund balance as a percentage of revenues
Which of the following ratios is a good measure of the liquidity of a city's resources?
Select one:
a
Debt service expenditures as a percentage of revenues
b
Cash and shortterm investments divided by current liabilities
c
Sales taxes as a percentage of total taxes
d
Fund balance as a percentage of revenues
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