If a Firm Has a Current Ratio of 2

question 110

Multiple Choice

If a firm has a current ratio of 2.5,it means that for every $2.50 in _____ it has $1.00 in

• A)current assets; current liabilities
• B)total assets; total liabilities
• C)current assets; total liabilities
• D)total assets; current liabilities

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Definitions:

Skinner's Theory

Another term for Skinner's Radical Behaviorism, focusing on the importance of observable behavior and the use of reinforcement methods for behavior modification.

Kelly's Personal Construct Theory

A theory by George Kelly suggesting that individuals use personal constructs, which are mental models, to interpret and predict the world.

Superordinate Constructs

High-level, abstract concepts or categories that help organize more specific or subordinate information in cognitive psychology and social sciences.

Permeable

Could relate to various contexts, but generally means allowing liquids or gases to pass through it. In psychology, it can relate to boundaries or filters through which external influences can affect an individual's state.