If a Company Has a Quick Ratio of 1

question 78

Multiple Choice

If a company has a quick ratio of 1.0 and a current ratio of 2.0, then:

• A)the value of current assets is equal to the value of inventory.
• B)the value of current assets is equal to the value of current liabilities.
• C)the value of current liabilities is more than the value of current assets.
• D)the value of current liabilities is equal to the value of inventory.
• E)the value of inventory is more than the value of current assets.

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Definitions:

Subjective Norms

The perceived social pressure to perform or not perform a particular behavior, influenced by the beliefs about what important others think one should do.

Predictors

Factors that can be used to forecast the likelihood of a future event or outcome, often based on statistical analysis.

Self-Efficacy Theory

A theory that focuses on the belief in one's capabilities to organize and execute the courses of action required to manage prospective situations.

Health Behaviors

Actions taken by individuals that affect health positively or negatively, like exercise or smoking.