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Use the following description to answer the question.
A biology student hiking in a forest discovers an erect, 15-centimeter-tall plant that bears microphylls and a strobili at its tallest point. When disturbed, the cone emits a dense cloud of brownish dust. Observing a sample with a magnifying glass reveals the dust to be composed of tiny spheres with a high oil content.
What type of plant has this student most likely discovered?
Acid Test Ratio
Used to determine the amount of assets that can be quickly turned into cash to pay current liabilities; acid test ratio equals total of cash plus receivables divided by total current liabilities.
Balance Sheet
A summary report detailing a company's assets, debts, and equity held by shareholders at a particular moment.
Income Statement
The financial statement that shows the revenues, the expenses, and the net income for a certain period of time.
Net Income to Net Sales
A financial ratio measuring a company's profitability by comparing net income to net sales.
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