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

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Definitions:

Communications Protocol

A set of rules and standards that allow two or more entities to transmit information via any kind of variation of a physical quantity.

POP3

Post Office Protocol 3, a protocol used to retrieve email from a mail server.

DNS

Domain Name System, a hierarchical naming system for computers, services, or any resource connected to the Internet or a private network, translating domain names to IP addresses.

SMTP

Simple Mail Transfer Protocol, a standard protocol used for sending emails across networks.