Chua Company Had a Current Ratio of 2 What Impact Will the Declaration of a Cash Dividend by on December

question 127

Multiple Choice

Chua Company had a current ratio of 2.5 to 1 on December 31, 2017.On that date, the company's assets were as follows: $\begin{array}{lr}\text { Cash } & \$ 100,000 \\\text { Accounts receivable, net } & 600,000 \\\text { Inventory } & 960,000 \\\text { Prepaid expenses } & 25,000 \\\text { Equipment, net } & 2,200,000 \\\text { Total assets } & \$ 3,885,000 \\\end{array}$ What impact will the declaration of a cash dividend by Chua have on its current ratio?

• A)An increase in the current ratio
• B)A decrease in the current ratio
• C)No efffect on the current ratio
• D)There is not enough information provided to determine the answer.

Describe the roles and responsibilities of paralegals in corporate settings.

Understand the benefits of working for government agencies and the nature of their work.

Differentiate between public defenders, public prosecutors, and other legal roles.

Identify employment opportunities for paralegals in non-traditional legal settings.

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Definitions:

Pedophilic Disorder

A psychiatric disorder characterized by adult individuals having a primary or exclusive sexual attraction towards prepubescent children.

Paraphilia

A condition characterized by unusual or deviant sexual desires or practices that may cause distress or impairment or involve non-consenting partners.

Sexually Aroused

A state of sexual excitement and desire triggered by various factors, including physical stimulation, emotional attraction, or erotic thoughts.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.