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Table 22-11
Five voters must choose from among four options: A, B, C, or D. Each voter's preferences are summarized in the table below. Options higher in the table are more preferred by the voter.
-Refer to Table 22-11. Which pairwise voting scheme would result in outcome B?
Inventory Acquisition
The process of obtaining and adding goods or materials to a company's stock for further sale or use.
Cash Increase
An uptick in the amount of liquid assets (cash and cash equivalents) that a company or individual has on hand.
Current Ratio
Current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, by comparing current assets to current liabilities.
Net Working Capital
Net working capital is the difference between a company's current assets and current liabilities, indicating short-term financial health and the ability to cover its short-term obligations.
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