Historically, It Was Thought That the Current Ratio Should Be

question 218

Multiple Choice

Historically, it was thought that the current ratio should be ________, but more recently, many firms that are financially strong operate with current ratios of ________.

• A) at least 10:1; less than 5:0
• B) more than 7:1; 2.0
• C) less than 5:1; more than 10:1
• D) 2:1; less than 2:1
• E) 3:1; less than 5:1

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Definitions:

Environmental Damage

Harm caused to the natural environment due to human activities, often necessitating restitution or remediation efforts.

Trespass

A tort consisting of the injury of a person, the entry on the lands of another without permission, or the seizure or damage of goods of another without consent.

Nuisance

Interference with the enjoyment of real property or, in some cases, material interference with a person’s physical comfort.

Leachate

Liquid that drains or 'leaches' from a landfill or waste site, potentially contaminating groundwater and requiring environmental management.