Refer to the Following Selected Financial Information from Dodge Company

question 18

Multiple Choice

Refer to the following selected financial information from Dodge Company. Compute the company's acid-test ratio. $$\begin{array} { | l | r | } \hline\\\hline \text { Cash } & \$ 42,250 \\\hline \text { Short-term investments } & 60,000 \\\hline \text { Accounts receivable, net } & 79,500 \\\hline \text { Merchandise inventory } & 115,000 \\\hline \text { Prepaid expenses } & 9,700 \\\hline \text { Accounts payable } & 111,400 \\\hline\end{array}$$

• A) 2.75.
• B) 2.66.
• C) 0.92.
• D) 1.12.
• E) 1.63.

---

Definitions:

NullPointerException

An exception thrown in Java when an application attempts to use an object reference that has the null value, indicating that no object has been assigned to the reference.

Preorder Traversal

A way of traversing a tree data structure where each node is visited before its child nodes in a top-down, left-right manner.

Binary Search Tree

A binary tree data structure where each node has at most two children, arranged such that for every node, all elements in the left subtree are less, and in the right subtree are greater.

Head Node

The first node in a linked list or other linear data structure, serving as the entry point for accessing elements of the list.