Mitchell Corporation Has Current Assets of $1,600,000 and Current Liabilities

question 56

Multiple Choice

Mitchell Corporation has current assets of $1,600,000 and current liabilities of $750,000.If they issue $200,000 of new stock what will their new current ratio be? (rounded)

• A)2.4:1
• B)1.9:1
• C)1.7:1
• D)2.13:1

Comprehend the significance and operation of computer-controlled systems in vehicles.

Understand the types of power used in vehicle auxiliary systems and the concept of shore power.

Grasp the basics of logistics, including the processes involved in cargo movement and delivery.

Know the different ASE certification categories and their applicability to specific technician specialties.

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Definitions:

Disinhibition Theory

Explanation holding that alcohol has a selective depressant effect on the brain’s frontal cortex, which controls judgment, while sparing subcortical structures responsible for more instinctual behaviors, such as desire.

Learned Inhibitions

Behaviors learned through experience that prevent an individual from engaging in certain actions.

Alcohol

A psychoactive substance commonly found in beverages such as beer, wine, and spirits, and known for its depressant effects.

Females Abuse

Females Abuse refers to the maltreatment or violent behavior directed towards females, encompassing physical, sexual, emotional abuse, and exploitation.