The Current Ratio Is

question 88

Multiple Choice

The current ratio is:

• A) quick assets divided by current liabilities.
• B) assets divided by liabilities.
• C) current assets divided by current liabilities.
• D) net sales divided by current liabilities.

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Definitions:

Early Majority

The early majority consists of individuals in a market who adopt new products or innovations after a careful review, following the innovators and the early adopters, representing a significant portion of the adoption curve.

Diffusion of Innovation

The process by which an innovation is communicated through certain channels over time among the members of a social system.

Innovators

Individuals or organizations that first adopt new technologies or ideas, often leading the way for others to follow.

Information Sources

Various means through which data is gathered, which can include books, journals, websites, and personal interviews, used for research and decision-making.