In Two Studies of African-American Children Adopted into Economically Well-Off

question 21

Multiple Choice

In two studies of African-American children adopted into economically well-off white homes during the first year of life,the children scored

• A) high on intelligence tests by middle childhood.
• B) below average on intelligence tests during the school years.
• C) lower on intelligence tests than white children adopted into similar homes.
• D) above average on early childhood intelligence tests, but scores decreased by middle childhood.

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Definitions:

Current Ratio

This ratio assesses an entity's potential to cover its short-term dues using resources that are expected to be liquidated within a year.

Inventory Turnover

A financial ratio indicating how many times a company has sold and replaced inventory over a given period, used to assess efficiency in managing inventory stock.

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock, indicating the company's profitability.

Quick Ratio

A liquidity indicator that measures a company's ability to meet its short-term obligations with its most liquid assets.