Which of the Following Statements Is True

question 76

Multiple Choice

Which of the following statements is true?

• A) A current ratio of 1.2 to 1 indicates that a company's current assets are less than its current liabilities.
• B) All companies, regardless of size, should have a current ratio of at least 2:1.
• C) The current ratio is a more dependable indicator of liquidity than working capital.
• D) The use of the current ratio does not make it possible to compare companies of different sizes.

Recognize the types of reactions involved in macromolecule synthesis.

Identify the various types of lipids and their roles in biological systems.

Understand the process of polymer formation and the role of monomers.

Comprehend the nature and significance of peptide bonds in protein structure.

---

Definitions:

Cash Operating

Refers to the activities that involve the cash inflows and outflows from a company's primary business operations.

Salvage Value

The anticipated amount an asset is expected to yield when it is sold after its lifespan has concluded.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Useful Life

The estimated time period that an asset is expected to be usable for its intended purpose, affecting its depreciation or amortization schedules.