India Once Planted 30,000 Varieties of Rice;now Most of the Rice

question 75

Multiple Choice

India once planted 30,000 varieties of rice;now most of the rice comes from how many varieties?

• A) 1
• B) 3
• C) 5
• D) 10
• E) 25

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Definitions:

Accounts Receivables

Represents money owed to a company by its customers for goods or services delivered but not yet paid for.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

Quick Ratio

A liquidity measure that indicates a company's ability to cover its short-term liabilities with its most liquid assets, without selling inventory.

Liquidity

The ease with which an asset, or security, can be converted into ready cash without affecting its market price.