A Current Ratio of Less Than One Is Not So

question 40

Multiple Choice

A current ratio of less than one is not so much of a concern when the company has a:

• A)low fixed asset turnover ratio.
• B)high days to collect number.
• C)high inventory turnover ratio.
• D)high debt-to-equity ratio.

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Definitions:

Negative Sanctions

Punishments or disapprovals aimed at discouraging undesired behaviors within a society or group.

Dominant Culture

The prevailing cultural norms, values, and practices that are most influential within a society or social group.

Culture War

The term culture war refers to the conflict between groups with different cultural values, beliefs, and practices, often highlighting societal divisions on issues like morality, religion, and lifestyle.

Taboo

A social or cultural prohibition on certain behaviors, discussions, or practices, often considered morally unacceptable or offensive.