Calculate the Cash Ratio Given the Following Information: Current Ratio

question 292

Multiple Choice

Calculate the cash ratio given the following information: current ratio = 3; total current assets = $21,000; cash and cash equivalents = $2,380.

• A) 0.30
• B) 0.31
• C) 0.32
• D) 0.33
• E) 0.34

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Definitions:

Medical Record

A comprehensive document that contains the history, diagnosis, treatment, and prognosis of a patient's medical condition.

Informed Consent

A process in which a patient receives full disclosure of and understands the risks, benefits, and alternatives of a proposed procedure or treatment before agreeing to it.

Specimen

A sample taken for medical testing or research.

Medical Assistant

An integral member of the health care delivery team, qualified by education and experience to work in the administrative office, the examining room, and the physician office laboratory.