Charlene Is Currently 30 Years Old

question 210

Multiple Choice

Charlene is currently 30 years old.Her IQ was tested when she was 15, and it was 100.If Charlene has her IQ tested again she would likely find that her current IQ score

• A)is close to 200, nearly double her previous score:
• B)is close to 50, about half her previous score
• C)has little relation to her previous score, because IQ scores don't stabilize until early adulthood
• D)is similar to her previous score of 100

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from total revenue, often referred to as the bottom line.

Current Ratio

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

Liquid

Describes assets that can be easily and quickly converted into cash without significant loss in value.

Quick Ratio

A liquidity measure that indicates a company's ability to pay its current liabilities without needing to sell inventory, calculated as (current assets - inventory) / current liabilities.