The Current Ratio for a Company with Current Assets of $73,000

question 122

Multiple Choice

The current ratio for a company with current assets of $73,000, quick assets of $31,000, total assets of $160,000, current liabilities of $46,000, and net sales of $77,000 would be: (Round your final answer to two decimal places.)

• A)0.19.
• B)1.59.
• C)3.48.
• D)0.94.

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Definitions:

Brain Activity

The functionality and processes executed by the brain, including neural activity, as measured by various techniques such as fMRI or EEG.

Respiration

The biochemical process of exchanging gases between an organism and its environment, involving inhalation of oxygen and exhalation of carbon dioxide.

Two-factor Theory

A theory that proposes that emotions are based on physiological arousal and cognitive labeling of the cause of that arousal.

James-Lange Theory

A theory suggesting that emotions result from the perception of bodily reactions to an event.