If Your Liquid Assets Equal $15,000 and Your Current Debts

question 98

Multiple Choice

If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is:

• A) 30%.
• B) 70%.
• C) 143%.
• D) 233%.
• E) 333%.

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Definitions:

Adrenal Cortex

The outer region of the adrenal glands responsible for producing steroid hormones like cortisol and aldosterone.

Pineal Gland

A small endocrine gland in the brain that produces and regulates some hormones, including melatonin.

Parathyroid Glands

Small endocrine glands in the neck that produce parathyroid hormone (PTH), which regulates calcium levels in the blood and bone metabolism.

Adult Thyroid

The thyroid gland in its mature state, responsible for regulating metabolism, energy generation, and hormonal balance in the body.