The Following Financial Statement Information Is Available for Buil Corporation

question 146

Multiple Choice

The following financial statement information is available for Buil Corporation: $\begin{array}{lrr}&2017&2016\\\text { Inventory } & \$ 44,000 & \$ 43,000 \\\text { Current assets } & 80,000 & 106,000 \\\text { Total assets } & 432,000 & 358,000 \\\text { Current liabilities } & 25,000 & 36,000 \\\text { Total liabilities } & 102,000 & 88,000\end{array}$ The current ratio for 2017 is

• A) .31:1.
• B) 3.2:1.
• C) 1.5:1.
• D) 4.24:1.

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Definitions:

Office Workers

Individuals who perform administrative or clerical tasks in an office setting, contributing to the functioning and management of a business or organization.

Sales Era

Refers to the historical period in marketing where the primary focus was on selling products through aggressive sales techniques, with less emphasis on customer needs or product quality.

Machine Lubricant

Substances used to reduce friction and wear between moving parts in machinery, thereby extending their life and improving efficiency.

Marketing Behavior

The actions and strategies implemented by companies to study consumer needs and develop products, pricing, promotions, and distribution methods to satisfy those needs.