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Last Year,a Firm Had a Current Ratio of 2

question 21

Multiple Choice

Last year,a firm had a current ratio of 2.0 and an acid-test ratio of 1.0.This year the firm's current ratio is 2.5 and its acid-test ratio is 1.5.This firm's _____ has _____.


Definitions:

Plural

The form of a noun that typically denotes more than one person, place, thing, or idea.

Past Tense

A grammatical term indicating that an action or condition occurred at a previous time.

Productive Vocabulary

The set of words an individual can produce or use actively in communication, as opposed to words recognized passively.

Words

Basic units of language or speech that convey meaning and can be spoken or written.

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