Windham Corporation Has Current Assets of $400,000 and Current Liabilities

question 18

Multiple Choice

Windham Corporation has current assets of $400,000 and current liabilities of $500,000. Windham Corporation's current ratio would be increased by:

• A) the purchase of $100,000 of inventory on account.
• B) the payment of $100,000 of accounts payable.
• C) the collection of $100,000 of accounts receivable.
• D) refinancing a $100,000 long-term loan with short-term debt.

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Definitions:

Chilly Climate

An environment, often in educational or workplace settings, where women and minorities feel marginalized, unwelcome, or treated less favorably due to subtle forms of discrimination.

Hidden Curriculum

The unconscious, informal, and unwritten norms and rules that reinforce and maintain social conventions.

Hegemonic Masculinity

A concept in sociology that refers to cultural norms dictating the dominant form of masculinity, often characterized by heterosexual, assertive, and competitive traits.

Hidden Curriculum

The unofficial and often unintended lessons, values, and perspectives that students learn in school, beyond the formal curriculum.