The Current Ratio for a Company with Current Assets of $129,000

question 60

Multiple Choice

The current ratio for a company with current assets of $129,000, current liabilities of $51,000, total assets of $152,000, and net sales of $84,000, would be: (Round your answers two decimal places, X.XX%.)

• A) 2.98.
• B) 0.40.
• C) 2.53.
• D) 0.34.

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Definitions:

Target Microorganism

Specific bacteria, viruses, fungi, or other microorganisms that are identified as objects for elimination or study.

Antibodies

Protein substances produced in response to a specific invader or antigen, marking it for destruction and thus creating immunity to that invader.

Immunity

A response to foreign microorganisms that occurs with repeated exposure and results in resistance to a disease.

Memory Lymphocytes

Immune cells that remember a previous encounter with an antigen, enabling a faster and more efficient immune response upon re-exposure.