A Firm Has Net Working Capital of $6,800 and Current

question 10

Multiple Choice

A firm has net working capital of $6,800 and current assets of $21,800.What is the current ratio?

• A).69
• B).60
• C)1.45
• D)1.67
• E).92

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Definitions:

Bureaucracy

A system of government or business administration characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality in the application of rules.

Written Policies

Official documents that outline the principles, procedures, and guidelines by which an organization or government operates.

Domination

The exercise of power or control over others, often in a way that is authoritarian or repressive.

Foucault

A French philosopher and social theorist known for his critical studies of social institutions, including psychiatry, the penal system, and the history of sexuality.