Using the Following Balance Sheet and Income Statement Data for Castillo

question 53

Multiple Choice

Using the following balance sheet and income statement data for Castillo Company what is the company's current ratio? $$\begin{array} { l r l r } \text { Current assets } & \$ 41,000 & \text { Net income } & \$ 48,000 \\\text { Current liabilities } & 22,000 & \text { Stockholders' equity } & 75,000 \\\text { Average assets } & 210,000 & \text { Total liabilities } & 125,000 \\\text { Total assets } & 200,000 & &\end{array}$$

• A)1:86: 1
• B)2 times
• C)186%
• D)54%

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Definitions:

Sexual Attraction

The feeling of being drawn to someone in a sexual manner, often involving physical or emotional desire.

Encounter

An unexpected or casual meeting with someone or something, often leading to a significant experience or interaction.

Asexual

A term used to describe individuals who do not experience sexual attraction to others, but may still experience romantic attraction.

Sexual Attraction

Refers to the natural or instinctual allure or appeal one individual feels towards another, which can be based on physical, emotional, psychological, or social factors.