- CFA Exams
- CFA Level I Exam
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 22. Understanding Balance Sheets
- Subject 5. Uses and Analysis of the Balance Sheet
CFA Practice Question
Which of the following is a measure of a firm's liquidity?
A. Cash ratio
B. Equity turnover
C. ROE
Explanation: Equity turnover and ROE are measures of a company's operating performance.
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