The Top Part of Rammy's Inc What Are Rammy's Inc

question 52

Multiple Choice

The top part of Rammy's Inc.'s 2013 balance sheet is listed as follows (in millions of dollars) . $\begin{array}{lrcr}\text { Current assets: } & & \text { Current liabilities: } \\\text { Cash and marketable } & &{\text { Accrued wages and }} & \\\text { securities } & \$ & \text { taxes } & \$ 6 \\\text { Accounts receivable } & 15 & \text { Accounts payable } & 10 \\\text { Inventory } & 95 & \text { Notes payable } & 50 \\\text { Total } & \$ 115 & \text { Total } & \$ 66\end{array}$ What are Rammy's Inc.'s current ratio, quick ratio, and cash ratio for 2013?

• A)1.74242, 0.30303, 0.07576
• B)7.1875, 1.25, 0.3125
• C)1.43939, 0.30303, 0.07576
• D)19.16667, 3.33333, 0.83333

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Definitions:

Heterochromatin

A tightly packed form of DNA, which comes in different varieties and is associated with regions of DNA that are gene-poor and transcriptionally inactive.

Regulation of Transcription

The process of controlling the synthesis of RNA from a DNA template, a critical step in gene expression.

mRNA Processing

A series of biochemical modifications that pre-messenger RNA undergoes to become mature mRNA, which is then able to be translated into protein.

Regulation of Chromatin

The process by which the structure and function of chromatin are modified, affecting gene expression and activity.