Calculate the Current Ratio and the Acid-Test Ratio

question 34

Multiple Choice

Calculate the current ratio and the acid-test ratio. Is the company healthy based on the guidelines given in the text?
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• A)Current ratio = 1.37 which is too low Acid-test ratio = 2.88 which is fine
• B)Current ratio = 2.11 which is fine Acid-test ratio = 1.37 which is too low
• C)Current ratio = 2.88 which is fine Acid-test ratio = 2.11 which is fine
• D)Current ratio = 2.88 which is fine Acid-test ratio = 1.37 which is fine

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Definitions:

Antipsychotics

Medications primarily used to manage psychosis, including delusions, hallucinations, paranoid or bizarre thoughts, and disordered thinking.

Antidepressants

Medications designed to alleviate symptoms of depression by regulating brain chemicals.

Diagnostic Criteria

Standardized guidelines used to categorize and diagnose mental health disorders based on specific symptoms, behavior patterns, and psychological features.

Specific Phobia

A severe and persistent fear of a specific object or situation (does not include agoraphobia and social anxiety disorder).