Match the appropriate variable or variables to each space in the appropriate equation.Note: you may use a variable more than once and some variables might not be used.
A) Current liabilities
B) Cash
C) Net income
D) Quick ratio
E) Net receivables
F) Stated interest rate
G) Income tax expense
H) Net bonds payable
I) Short-term investments
J) Bonds payable
K) Interest expense
L) Liquidity
______ = Liquid Assets/______
Quick Ratio = (______ + ______ + ______) /______
Times Interest Earned Ratio = (______ + ______ + ______) /______
Correct Answer:
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