Calculate the Cash Ratio Given the Following Information: Current Ratio

question 204

Multiple Choice

Calculate the cash ratio given the following information: current ratio = 2; total current assets = $10,000; cash and cash equivalents = $1,250.

• A) 0.21
• B) 0.22
• C) 0.23
• D) 0.24
• E) 0.25

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Definitions:

Management-Labor Union Disputes

Conflicts that arise between company management and labor unions regarding worker rights, wages, and working conditions.

Mediation

A form of alternative dispute resolution where a neutral third party helps disputants find a mutually acceptable solution.

Compulsory Arbitration

A mandatory process where a neutral third party makes a binding decision to resolve a dispute.

Voluntary Arbitration

A method of conflict resolution in which the conflicting parties choose to abide by the decision of an independent third party.