Assume the Following Data: Current Assets = 500; Current Liabilities

question 38

Multiple Choice

Assume the following data: Current assets = 500; Current liabilities = 250; Inventory = 200; Account receivables = 200. Calculate the quick ratio.

• A)1.0
• B)2.0
• C)1.2
• D)0.4

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Definitions:

Nutritionist

A health professional who specializes in food and nutrition, helping individuals make informed choices about their eating habits for better health.

Rebel

An individual who resists authority, control, or tradition, often advocating for drastic change or expressing dissent.

Confidence

The feeling or belief in one's abilities or qualities, often reflected in their behavior and attitude.

Vision

The capacity to envision or strategize for the future using creativity or insight.