A Current Ratio Above 2

question 92

Multiple Choice

A current ratio above 2.00 would indicate that a:

• A)company has $2 of current liabilities for every $1 of current assets.
• B)company has $2 of current assets for every $1 of current liabilities.
• C)company has $2 of total assets for every $1 of current liabilities.
• D)company has $2 of total assets for every dollar of current assets.

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Definitions:

Blood Pressure Device

An instrument or machine used to measure the blood pressure in the arteries, typically comprising a cuff, a measuring unit, and a mechanism for inflation and deflation.

Calibration

The process of adjusting and setting the accuracy of a measurement instrument to ensure it meets its specifications and standards.

Portable

Designed for easy carrying or moving, usually because of being lighter and smaller than the standard version of the item.

Oral Temperature

The measurement of body temperature through the mouth using a thermometer, which can provide an accurate record of a person's core body temperature.