Ferris Corp

question 71

Multiple Choice

Ferris Corp.wants to increase its current ratio from the present level of 1.5 when it closes the books next week.The action of __________ will have the desired effect.

• A)payment of current payables from cash
• B)sales of current marketable securities for cash
• C)write-down of impaired assets
• D)delay of next payroll
• E)None of the options

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Definitions:

Homozygous Genotype

An organism's genetic makeup consisting of two identical alleles for a particular trait.

Heterozygous

Having inherited two genes of different allelic forms for a trait.

Dominant Allele

The allele that is expressed when an individual possesses two different alleles for the same trait.

Recessive Allele

The allele that is not expressed when an individual possesses two different alleles for the same trait.