Omega Supply's Current Ratio Is 2 to 1

question 19

True/False

Omega Supply's current ratio is 2 to 1. Its quick ratio is.75 to 1. Omega Supply has a good credit risk because the ratios reveal no liquidity problem.

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Definitions:

Expected Duration

The anticipated amount of time which will elapse before a particular project or activity is completed.

Critical Path

The critical path is the longest sequence of activities in a project plan that must be completed on time for the project to finish by its due date.

Activity Variance

The difference between the expected performance or cost of an activity and its actual performance or cost.

Preceding Activity

In project management, an activity that must be completed before a subsequent activity can begin.