The Current Assets of Orangette Company Are $292,500

question 30

Multiple Choice

The current assets of Orangette Company are $292,500. The current liabilities are $130,000. The current ratio expressed as a proportion is

• A) 225%.
• B) 2.25:1.
• C) .44:1.
• D) $130,000 ÷ $292,500.

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Definitions:

Bassinet

A small bed specifically designed for infants, typically used from birth until around four months or until the baby can move, roll, or push up.

Frustrated

The feeling of being upset or annoyed as a result of being unable to change or achieve something.

Angry

A powerful sense of irritation, dissatisfaction, or antagonism.

Attentive Parents

Caregivers who are highly watchful, responsive, and engaged in their children's lives, supporting their emotional and developmental needs.