_____ is a measure of how quickly a company can raise money through internal sources by converting assets to cash.
A)Financial flexibility
B)Profitability
C)Financial strength
D)Liquidity

Question

Quizplus · Accepted Answer

Liquidity is a measure of a company's ability to meet immediate financial obligations by converting assets to cash quickly. It is important for a company to have high liquidity so that it can cover unexpected expenses and continue to operate smoothly. Therefore, the best choice is D.

_____ Is a Measure of How Quickly a Company Can