The Following Information Pertains to Unique Company

question 191

Multiple Choice

The following information pertains to Unique Company.Assume that all balance sheet amounts represent both average and ending balance figures.Assume that all sales were on credit. What is the current ratio for this company?

• A)1.42
• B)0.80
• C)1.16
• D)0.60

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Issued at Discount

When a bond or other security is sold for less than its face value.

Semiannually

Referring to an event or action that takes place twice every year, often at six-month intervals.

Par

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.

Face Value

The nominal value printed on a financial instrument, such as a bond or a stock certificate.