From the Information Given Below, Calculate the Organization's Current Ratio

question 64

Multiple Choice

From the information given below, calculate the organization's current ratio. Total Liabilities = $750,000; Current Liabilities = $220,000; Total Assets = $700,000; Current Assets = $176,000

• A) 0.25
• B) 0.93
• C) 0.29
• D) 0.80

---

Definitions:

Adolescence

A developmental stage that marks the transition from childhood to adulthood, characterized by significant physical, psychological, and social changes.

Life Cycle

The series of stages through which an organism passes from birth through maturity, reproduction, and eventually death.

Socialization

The process through which individuals learn and internalize the values, beliefs, and norms of their culture, acquiring a sense of self and society.

Consequences

Results or outcomes of actions, often highlighted in the context of cause and effect relationships.