Calculate the Current Ratio and the Acid-Test Ratio

question 20

Multiple Choice

Calculate the current ratio and the acid-test ratio. Is the company healthy based on the guidelines given in the text?
-

• A)Current ratio = 1.31 which is too low Acid-test ratio = 1.67 which is fine
• B)Current ratio = 0.78 which is too low Acid-test ratio = 1.31 which is too low
• C)Current ratio = 1.67 which is too low Acid-test ratio = 0.78 which is too low
• D)Current ratio = 1.31 which is too low Acid-test ratio = 0.78 which is too low

Understand the principles of disparate impact and disparate treatment in employment discrimination.

Know the minimum wage requirements under the FLSA for different categories of workers.

Grasp the legal protections and requirements under FMLA including eligibility and employer obligations.

Understand employment-at-will doctrine and its exceptions.