Roxy Corphas Total Current Liabilities of $22,000 and an Inventory of of $7,000.If

question 82

Multiple Choice

Roxy Corp.has total current liabilities of $22,000 and an inventory of $7,000.If its current ratio is 1.2,then what is Rocy's quick ratio?

• A) .88
• B) .75
• C) .64
• D) .36

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Definitions:

Social Learning

is the process of acquiring behaviors, attitudes, or skills through observing and mimicking the actions of others, a principle that underlies concepts like modeling and observational learning in psychology.

Self-Fulfilling Prophecy

A prediction that causes itself to become true due to the behavior it inspires.

Communication Apprehension

Fear or anxiety associated with either real or anticipated communication with other people.

Looking-Glass Self

Concept that people learn who they are by their interactions with others, who reflect their self back to them.