With Fixed Assets of $4 Billion and Current Assets of $1.7

question 93

Multiple Choice

With fixed assets of $4 billion and current assets of $1.7 billion,Realm Company has long-term liabilities of $2 billion and current liabilities of $0.34 billion.What is Realm's current ratio?

• A) 0.85
• B) 2
• C) 2 .44
• D) 5
• E) 11.76

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Definitions:

Parallelism

The use of components in sentences that are grammatically the same or similar in construction, sound, meaning, or meter.

Numbered Lists

An organized way of presenting information in a sequential or prioritized manner, using numbers as indicators for each item or step.

Spaces

Physical or virtual areas that are empty, available, or can be used for a particular purpose.

White Space

Areas in a document or visual interface that are left blank; serves to reduce clutter and improve readability or aesthetic appeal.