Which of the Following Is Most Likely to Be a Fixed

question 192

Multiple Choice

Which of the following is most likely to be a fixed resource for the City Slicker's Dude Ranch?

• A)the lodge where the guests stay
• B)food for the guests
• C)stable hands to take care of the horses
• D)hay for the horses
• E)water for the horses

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Definitions:

Acid Test Ratio

A financial metric used to evaluate a company's short-term liquidity position by comparing its most liquid assets (excluding inventory) to its current liabilities.

Debt to Assets

A financial ratio that measures the proportion of a company’s total debt to its total assets, indicating the degree of leverage.

Financed by Creditors

A phrase indicating that a portion of a company's funding or assets has been obtained through borrowing from lenders.

Total Assets

The sum of all owned resources (assets) that have economic value which a company or individual possesses.