The quantity of goods or services produced in a given period or the physical capacity of the operating assets used to produce goods or services are measures of
A) financial flexibility
B) liquidity
C) operating capability
D) leverage

Question

Quizplus · Accepted Answer

The quantity of goods or services produced in a given period or the physical capacity of the operating assets used to produce goods or services are both measures of operating capability. Financial flexibility is the ability of a company to access capital when needed. Liquidity refers to the ability of a company to meet its short-term obligations. Leverage refers to the use of borrowed funds to finance investments.

The Quantity of Goods or Services Produced in a Given