Refer to the Following Selected Financial Information from McCormik,LLC A)226
B)1

question 104

Multiple Choice

Refer to the following selected financial information from McCormik,LLC.Compute the company's current ratio for Year 2. $$\begin{array} { l r r } & { \text { Year 2 } } & \text { Year 1 } \\\text { Cash } & \$37,500 & \$ 36,850 \\\text { Short-term irvestrnents }& 90,000 & 90,000 \\\text { Accounts receivable, net } & 85,500 & 86,250 \\\text { Merchardise irventory } & 121,00 0 & 117,000 \\\text { Prepaid experses } & 12,100 & 13,500 \\\text { Plart assets } & 388,000 & 392,000 \\\text { Accounts payable } & 113,40 0 & 111,750 \\\text { Net sales } & 711,000 & 706,000 \\\text { Cost of goods sold }& 390,000 & 385,500\end{array}$$

• A)2.26.
• B)1.98.
• C)2.95.
• D)3.05.
• E)1.88.

---

Definitions:

Grasp Arm

A physical action or maneuver used to hold or support someone's arm, often for assistance or stability.

Weight Transfer

The process of moving or shifting body weight from one point to another, which is critical for tasks such as walking, standing, or performing transfers.

Activity Tolerance

The level or extent of physical exercise or activity that a person is capable of performing without undue strain or exhaustion.

Skeletal Abnormalities

Irregularities or deviations in the structure of the bones that may lead to various health issues or physical disabilities.