The Quick Ratio of a Firm with Current Assets of $300,000

question 15

Multiple Choice

The quick ratio of a firm with current assets of $300,000, current liabilities of $100,000 and inventory of $100,000 is:

• A)1:1
• B)2:1
• C)3:1
• D)4:1

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Definitions:

Hormones

Chemical messengers produced by the endocrine glands, these compounds regulate various physiological functions and behaviors.

Neurotransmitters

Chemical messengers in the body that transmit signals from nerve cells to target cells.

Chemical Messengers

Substances in the body that transmit signals from one cell to another, often referred to as hormones or neurotransmitters.

Special Receptors

Unique sensory cells located throughout the body that respond to specific stimuli like light, sound, or pressure.