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

question 8

Multiple Choice

Assume the following data: Current assets = 500; Current liabilities = 250; Inventory = 200; Accounts receivable = 200. Calculate the cash ratio. (Assume that the firm has no marketable securities.)

• A)0.4
• B)2.0
• C)1.5
• D)1.2

---

Definitions:

Occipital Lobe

A section of the cerebral cortex found at the brain's posterior, which handles the processing of visual stimuli.

Twin Studies

Research that compares the similarities and differences between monozygotic (identical) and dizygotic (fraternal) twins to understand genetic and environmental influences.

Hereditary

The genetic transmission of characteristics, traits, or diseases from parents to offspring.

Cerebral Hemispheric Specialisation

The concept that each hemisphere of the brain is specialized for certain functions, such as language in the left hemisphere and spatial abilities in the right.