A Company Has a Quick Ratio of 1

question 24

Multiple Choice

A company has a quick ratio of 1.9 before paying off a large current liability with cash.As a result,what happens to the quick ratio?

• A)It is greater than 1.9.
• B)It is less than 1.9.
• C)It remains equal to 1.9.
• D)It is either greater than 1.9 or less than 1.9 depending upon the dollar amount involved.

---

Definitions:

Sperm Mature

Sperm maturation is the process by which spermatozoa develop and undergo changes to attain the capability of fertilizing an oocyte, often occurring in the epididymis for mammals.

Epididymis

Duct where sperm mature; empties into a vas deferens.

Human Papillomavirus

A group of viruses that can cause warts or cancer in humans.