Jill's Business Has Current Assets of $50,000 and Current Liabilities

question 23

Multiple Choice

Jill's business has current assets of $50,000 and current liabilities of $25,000.Which statement is true about the company's current ratio?

• A)The ratio is 50% and is acceptable for most industries.
• B)The ratio is 2 and is acceptable for most industries.
• C)The ratio is $25,000 and is not acceptable for most industries.
• D)Current ratio can not be determined from the information given.

Recognize the role of solvents in conducting biochemical vs. organic chemical reactions.

Explain the factors that influence the heat of vaporization in different compounds.

Understand the principles of energy conservation and transformation in chemical reactions.

Apply stoichiometry to balance chemical equations correctly.

---

Definitions:

Photometer

An instrument that measures light intensity.

Immersion Oil

A type of oil used to increase the resolution of a microscope by reducing the refraction of light between the glass slide and the objective lens.

Prepared Specimen

A sample of biological material, such as tissue, blood, or urine, that has been treated or arranged for laboratory examination or study.

Dry Objective

A microscope lens used without the aid of immersion oil for lower magnification observation.