Ferris Corp

question 52

Multiple Choice

Ferris Corp. wants to increase its current ratio from the present level of 1.5 when it closes the books next week. The action of __________ will have the desired effect.

• A) payment of current payables from cash
• B) sales of current marketable securities for cash
• C) write-down of impaired assets
• D) delay of next payroll
• E) None of the options are correct.

---

Definitions:

Skin Cancer

A type of cancer that develops in the skin cells, often due to excessive exposure to ultraviolet (UV) light.

Human Capital

The stock of skills, knowledge, and social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

Compensating Differential

A difference in wages that arises to compensate employees for unpleasant aspects of a job, such as risk of injury or inconvenient work hours.

Eye Surgeon

A medical doctor specializing in the diagnosis and surgical treatment of disorders and diseases of the eye.