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Both Steven, age 5, and his sister Susan, age 9, have been presented with a task in which they are shown pictures of both plants and animals. They are asked to remember which pictures are of plants. Steven is unable to distinguish the pictures, while Susan does so successfully. Which strategy has Susan used?
Acid-Test Ratio
A stringent indicator of a company's liquidity, calculated by dividing liquid assets excluding inventories by current liabilities.
Company
A business organization founded by a group of individuals dedicated to pursuing and administering a commercial or industrial venture.
Acid-Test Ratio
A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets (cash, marketable securities, and accounts receivable).
Company
A business entity established by a collection of people to conduct and manage a commercial venture.
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