A Company's Current Assets Are $23,420,its Quick Assets Are $13,890

question 82

Multiple Choice

A company's current assets are $23,420,its quick assets are $13,890 and its current liabilities are $12,220.Its acid-test ratio equals:

• A)0.88.
• B)1.91.
• C)1.14.
• D).52.
• E)1.41.

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Definitions:

Skills Model Competency

The capabilities or skills that are necessary for effective leadership as identified within the leadership skills model framework.

Creating A Schema

The process of forming a mental structure or framework to understand and organize information, aiding in perception, interpretation, and the recall of experiences and knowledge.

Knowledge

The information, understanding, and skills acquired through experience or education.

Skills Approach

A perspective in management and leadership that emphasizes the importance of developing specific abilities and competencies.