Select the most appropriate alternative from those given below and rewrite the sentences:
i. The common size statement requires _______
(a) common base
(b) journal entries
(c) cashflow
(d) current ratio
ii. Bill payable is ________
(a) long-term loan
(b) current liabilities
(c) liquid assets
(d) net loss
iii. Generally current ratio should be _________
(a) 2 : 1
(b) 1 : 1
(c) 1 : 2
(d) 3 : 1
iv. From financial statement analysis the creditors are specially interested to know ________
(a) Liquidity
(b) Profits
(c) Sale
(d) Share capital
