The Current Ratio of a Firm with Current Assets of $300,000

question 4

Multiple Choice

The current ratio of a firm with current assets of $300,000, current liabilities of $100,000, and inventory of $100,000 is:

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Recognition

The cognitive process of identifying a previously encountered stimulus.

Fill-In-The-Blank Exams

A type of test where students must supply missing words or information, often used to assess memory or understanding of a specific topic.

True-False Exams

A type of assessment where participants decide if statements are correct or incorrect.

Recognition

Acknowledgment or appreciation of someone's effort, achievement, or status.