A Firm's Quick Ratio of

question 15

Multiple Choice

A firm's quick ratio of .89 suggests that the firm:

• A)Has a low level of current liabilities
• B)Has been overstating the value of its inventory
• C)Faces a potentially serious liquidity crisis
• D)Should reduce its holdings of cash and/or marketable securities

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Definitions:

Psychogenic Needs

Psychological desires or necessities that motivate individuals to act in certain ways, including need for recognition, esteem, and belonging.

Fine Arts

Creative art forms, such as painting, sculpture, dance, theater, and music, appreciated primarily for their beauty or emotional power.

Maslow's Theory

A hierarchy of human needs that posits individuals are motivated by the desire to satisfy specific tiers of need, from basic physiological ones up to self-actualization.

Behaviour

The way in which an individual acts or conducts themselves, especially towards others, often analyzed in psychology and consumer studies.