With Fixed Assets of $4 Billion and Current Assets of $1.7

question 93

Multiple Choice

With fixed assets of $4 billion and current assets of $1.7 billion,Realm Company has long-term liabilities of $2 billion and current liabilities of $0.34 billion.What is Realm's current ratio?

• A) 0.85
• B) 2
• C) 2 .44
• D) 5
• E) 11.76

---

Definitions:

Sustainability Efforts

Initiatives by individuals, organizations, or governments to reduce the environmental impact and ensure resources are used responsibly for future generations.

Profits

The financial gain made in a transaction or business operation, calculated as the difference between revenue and expenses.

Employee Welfare

Programs and practices within an organization aimed at maintaining and improving the well-being and satisfaction of its employees.

Good Conditions

A term used to describe favorable or optimal circumstances or qualities, often related to products or environments.