Ferris Corp

question 14

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 above

---

Definitions:

Reflex Response

An automatic, involuntary reaction to a specific stimulus.

Painful Stimulus

An external or internal event or trigger that can cause a physical or emotional experience of pain.

Intonations

The variation of pitch in speech that affects the meaning of words, conveying emotions and grammatical signals.

Fetal Period

The stage of human development that begins around the end of the eighth week after conception and continues until birth.