Which of These Statements Is True

question 65

Multiple Choice

Which of these statements is true?

• A) The age of a firm's cash will affect the current ratio level.
• B) The age of a firm's accounts receivable will affect the current ratio level.
• C) The age of a firm's fixed assets will affect the fixed asset turnover ratio level.
• D) The age of a firm's fixed assets will affect the current ratio level.

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Definitions:

Flowering Plants

Plants that belong to the group Angiosperms, characterized by bearing flowers in which seeds are enclosed within a fruit.

Mammals

A class of warm-blooded vertebrate animals that possess hair or fur, and whose females produce milk for feeding their young.

Insects

Small arthropods belonging to the class Insecta, characterized by three-part bodies, usually two antennae, and compound eyes.

Amphibians

Cold-blooded vertebrates that live both in water and on land at different stages of their life, such as frogs and salamanders.