Find the Current Ratio and the Acid-Test Ratio for the Indicated

question 33

Multiple Choice

Find the current ratio and the acid-test ratio for the indicated year. Round each ratio to the nearest hundredth of a percent.
- This year current liabilities are $234,000.

• A)1.24; 0.60
• B)1.48; 0.88
• C)1.48; 0.56
• D)1.24; 0.88

---

Definitions:

Eukarya

The domain that includes all eukaryotes: protists, fungi, plants, and animals.

Membrane-Enclosed Organelles

Cellular structures in eukaryotic cells that are surrounded by a lipid bilayer membrane, each with specific functions, such as the nucleus and mitochondria.

Nuclei

The plural of nucleus, referring to the membrane-bound organelles found in eukaryotic cells that contain most of the cell's genetic material.

Family Level

A classification rank in biological taxonomy that groups together related genera, a level above genus and below order.