Calculate the Current Ratio of the Organization from the Information

question 91

Multiple Choice

Calculate the current ratio of the organization from the information given below. Sales = $200,000; Gross Profit = $40,000; Total Assets = $450,000; Current Assets = $250,000; Current Liabilities = $300,000

• A)0.44
• B)0.56
• C)0.67
• D)0.83

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Definitions:

Forcing Style

A conflict management approach where one party aggressively pursues their own interests at the expense of others.

Cross-Functional Team

A group of people with different expertise and from different departments within an organization, working together towards a common goal.

Interpersonal Skills

Abilities that facilitate effective communication and interaction with others.

Compromising Style

An approach to conflict resolution where parties involved find a mutually acceptable solution that partially satisfies everyone.