The Following Financial Statement Information Is Available for Houser Corporation

question 165

Multiple Choice

The following financial statement information is available for Houser Corporation: $$\begin{array} { l r r } & { 2013 } &{ 2012 } \\\text { Inventory } & \$ 44,000 & \$ 43,000 \\\text { Current assets } & 81,000 & 106,000 \\\text { Total assets } & 432,000 & 358,000 \\\text { Current liabilities } & 30,000 & 36,000 \\\text { Total liabilities } & 102,000 & 88,000\end{array}$$ The current ratio for 2013 is

• A).37:1.
• B)2.7:1.
• C).79:1.
• D)4.24:1.

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Definitions:

Dopamine

A neurotransmitter involved in reward, motivation, and the regulation of mood, also playing a role in addiction and movement.

Parkinson's Disease

A progressive nervous system disorder that affects movement, causing symptoms such as tremors, stiffness, and slowing of movement.

Opiate Drug

A category of drugs derived from or resembling those derived from the opium poppy, often used for pain relief but also associated with addiction and abuse.

Heroin

A highly addictive opiate drug derived from morphine, known for its euphoric effects and high potential for dependency and abuse.