The Point on Earth's Orbit Around the Sun at Which

question 16

Multiple Choice

The point on Earth's orbit around the sun at which the two bodies are farthest apart is called the:

• A)perihelion
• B)aphelion
• C)ecliptic
• D)equinox

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Definitions:

Current Ratio

It's a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year.

Quick Ratio

A financial metric that assesses a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory.

Marketable Securities

Financial instruments that can be easily converted into cash, such as stocks, bonds, or treasury bills, typically held for short-term investment purposes.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a particular period, indicating the efficiency of inventory management.