A Firm Has a Current Ratio of 1

question 41

Multiple Choice

A firm has a current ratio of 1.4 and a quick ratio of .9.Given this, you know for certain that the firm:

• A)pays cash for its inventory.
• B)has more than half its current assets invested in inventory.
• C)has more cash than inventory.
• D)has more current liabilities than it does current assets.
• E)has positive net working capital.

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Definitions:

Cross-cultural Research

Studies that explore how cultural factors influence behaviors, attitudes, and perceptions across different societies.

Leadership Behavior

The actions or conduct demonstrated by a leader, influencing the group's activities and direction.

Follower Attitudes

The perceptions, feelings, and behavioral tendencies that individuals who are led by others hold towards their leaders, work, and organizational environment.

Managing Diversity

The practice of recognizing, valuing, and effectively leveraging different cultural, ethnic, gender, and other differences in an organization to achieve a competitive advantage.