Based on the Following Data, What Is the Quick Ratio

question 51

Multiple Choice

Based on the following data, what is the quick ratio, rounded to one decimal place? ? $$\begin{array} { l r } \text { Accounts payable } & 32,000 \\\text { Accounts receivable } & 64,000 \\\text { Accrued liabilities } & 7,000 \\\text { Cash } & 20,000 \\\text { Intangible assets } & 40,000 \\\text { Inventory } & 72,000 \\\text { Long-term investments } & 100,000 \\\text { Long-term liabilities } & 75,000 \\\text { Marketable securities } & 35,000 \\\text { Notes payable (short-term) } & 25,000 \\\text { Property, plant, and equipment } & 625,000 \\\text { Prepaid expenses } & 2,000\end{array}$$

• A) 2.1
• B) 1.9
• C) 1.4
• D) 3.2

Appreciate the significance of research and theory in understanding social phenomena and contributing to social change.

Distinguish between personal troubles and public issues as conceptualized in the sociological imagination.

Analyze the role of education, gender, and other social institutions in shaping societal norms and individual experiences.

Understand the functioning and components of the immune system.

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Definitions:

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a guidebook published by the American Psychiatric Association for diagnosing mental disorders.

Sociopath

A term often used to describe a person with antisocial personality disorder, characterized by a lack of empathy and often, but not exclusively, manifesting in manipulative, deceitful, or criminal behavior.

Serial Killer

An individual who commits a series of murders, often with no apparent motive and typically following a characteristic, predictable behavior pattern.

Limited Prosocial Emotions

Characterized by a lack of empathy, remorse, or concern for the feelings of others, often seen in certain psychological conditions.