Elliot Works for a Very Small Company but Feels Very

question 45

Multiple Choice

Elliot works for a very small company but feels very uncomfortable asking the president of the company any questions during the open meetings that are held every Friday. One probable reason for his discomfort is:

• A) Semantics.
• B) Status and position.
• C) Stereotyping.
• D) Jargon.

---

Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its short-term assets.

Liquidity

The ability of an asset to be quickly converted into cash without significant loss in value.

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.