If a Firm's Existing Quick Ratio Is 1

question 38

Multiple Choice

If a firm's existing quick ratio is 1.2, and all other variables remain unchanged, the quick ratio can be increased by:

• A)repayment of a loan.
• B)purchase of fixed assets using a loan.
• C)receiving interest income.
• D)collecting accounts receivable.
• E)purchase of fixed assets for cash.

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Definitions:

Hallucinations

Perceptions in the absence of external stimuli, such as seeing, hearing, feeling, or smelling things that aren't there, often found in psychiatric conditions or drug use.

Korsakoff Syndrome

Permanent loss of the ability to learn new information (anterograde amnesia) and to retrieve old information (retrograde amnesia) caused by diencephalic damage resulting from chronic alcoholism or malnutrition that produces a vitamin B deficiency.

Traumatic Brain Injury

A condition caused by an external force leading to temporary or permanent brain damage.

Poor Diet

A nutritional regimen lacking in the right balance of macro and micronutrients, leading to health issues and deficiencies.