A Current Ratio of 2

question 167

Multiple Choice

A current ratio of 2.5 means that for every dollar of:

• A)accounts payable,there is $2.50 of cash.
• B)current liabilities,there is $2.50 of current assets.
• C)current assets,there is $2.50 of current liabilities.
• D)total liabilities,there is $2.50 of cash.

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Definitions:

Personality Functioning

Aspects of an individual's personality that influence their patterns of thought, feeling, and behavior in daily life.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts such as the collective unconscious and archetypes.

Individualism

A societal ideology that elevates the principle of personal freedom over the authority of groups or state mechanisms.

Birth Year

The year in which a person was born.