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At the End of the Year, Current Liabilities of a fiRm

question 22

Multiple Choice

At the end of the year, current liabilities of a firm is €280, current assets is €340 and the inventory is €110.What is the firms Current and Quick ratios?

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Definitions:

P-waves

Primary waves that are the fastest type of seismic waves, capable of moving through both solid and liquid layers of the Earth.

Surface Waves

Seismic waves that travel on Earth’s surface.

Subduction Zone

A region of the Earth's crust where one tectonic plate moves under another, often leading to volcanic activity and earthquakes.

Continental Crust

The thick, buoyant part of the earth's crust that forms the continents and continental shelves, distinguished from the denser oceanic crust.

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