Please Refer to Table 4-2 for the Following Questions

question 143

Multiple Choice

Please refer to Table 4-2 for the following questions.
Table 4-2
Drummond Company
Balance Sheet

-Based on the information in Table 4-2,the acid-test ratio is

• A) 1.17.
• B) 1.33.
• C) 1.39.
• D) 2.15.

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Definitions:

Upward Communication

The process by which information or feedback travels from lower levels of a hierarchy to higher levels within an organization.

Supervisors

Individuals in an organization responsible for overseeing and managing the activities and performance of a team or department.

Employees

Individuals hired by an organization or company to perform specific duties.

Policy Makers

Individuals or groups responsible for creating and implementing laws, regulations, or guidelines within an organization or government.