Use the Following Data to Calculate the Current Ratio A)234 : 1
B)2

question 52

Multiple Choice

Use the following data to calculate the current ratio. Eddy Auto Supplies
Balance Sheet
December 31, 2017
$\begin{array}{lrlr}\text { Cash } & \$ 126,000 & \text { Accounts payable } & \$ 165,000 \\\text { Accounts receivable } & 120,000 & \text { Salaries and wages payable } & 30,000 \\\text { Inventory } & 210,000 & \text { Mortgage payable } & 270,000\\\text { Prepaid insurance } & 90,000 & \text { Total liabilities } &\$465,000\\\text { Stock investments } & 255,000 & \\\text { Land } & 285,000 &\\\text { Buildings }\quad\$339,000&&\text { Common stock } & \$ 360,000 \\\text { Less: Accumulated }&&\text { Retained earnings } & 750,000\\\text { depreciation }\quad(60,000) &279,000&\text { Total stockholders' equity }&\$1,110,000\\\text { Trademarks }&210,000&\text { Total liabilities and }\\\text { Total assets }&\$1,050,000&\text { stockholders' equity }&\$1,575,000\end{array}$

• A)2.34 : 1
• B)2.80 : 1
• C)3.31 : 1
• D)1.26 : 1

Know the genetic composition of influenza viruses.

Predict trends in emerging pathogens due to human interaction with the environment.

Explain how non-pathogenic bacteria can become harmful inside a host.

Discuss the variability and evolution of pathogen virulence.

---

Definitions:

Delivery Driver

A person employed to transport and deliver goods, packages, or food to various destinations, often requiring navigation skills and customer interaction.

Productivity

The efficiency at which goods or services are produced, often measured by the amount of output per unit of input.

Output Intensification

A process aimed at increasing the productivity of a system or process, resulting in more output from the same amount of inputs.

Exponential Growth

A pattern of increase where a quantity grows at a rate proportional to its current size, resulting in a rapid escalation over time.