If Current Assets Are $60,000 and Current Liabilities Are $10,000,the

question 31

Multiple Choice

If current assets are $60,000 and current liabilities are $10,000,the current ratio is:

• A)5:1.
• B)6:1.
• C)0)6:1.
• D)None of the above.

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Definitions:

Technological Change

Technological change involves the invention, innovation, and diffusion of new technologies or processes, significantly impacting productivity and societal practices.

Vertical Integration

A strategy where a company expands its operations to include different stages of production and distribution within its industry.

Vertical Integration

An approach in which a business grows by extending into various stages along its production chain, including instances where a producer controls its own supply and distribution networks.

Availability Of Capital

The degree to which funds are accessible for investing in business activities or projects, often influenced by market conditions and interest rates.