What Is the Current Ratio If Cash Is $10,000,accounts Receivable

question 20

Multiple Choice

What is the current ratio if cash is $10,000,accounts receivable are $25,000,inventories are $30,000,accounts payable are $40,000,and accrued payroll is $15,000?

• A) 2.00
• B) 1.18
• C) 1.13
• D) 0.64
• E) 0.73

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Definitions:

Serum Phosphate Levels

The concentration of phosphate ions in the blood, important for bone health and energy storage and release.

Transport Process

The movement of substances across cell membranes or within cells, including methods such as passive diffusion, active transport, and bulk transport.

Intestine

Part of the gastrointestinal tract between the stomach and the anus that digests and absorbs food and water.

Hypocalcemia

Abnormally low levels of calcium in the blood.