Myriad Canning Company Has Current Assets of $8,000 and Current

question 56

Multiple Choice

Myriad Canning Company has current assets of $8,000 and current liabilities of $2,000. What is its current ratio?

• A) 2.5
• B) 4
• C) 8
• D) 25

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Definitions:

Neuroglia

Supportive cells in the nervous system that do not conduct electrical impulses but are critical for the care and feeding of neurons.

Neurons

Specialized cells of the nervous system responsible for transmitting electrical impulses throughout the body, facilitating communication between different parts of the body.

Striations

A series of ridges, furrows, or linear marks, frequently found on muscle tissue and certain geological formations.

Cardiac Muscle Tissue

Specialized muscle tissue found only in the heart that contracts to pump blood throughout the body.