You Have the Following Information About a Company: Quick Ratio

question 62

Multiple Choice

You have the following information about a company: quick ratio = 0.9,inventory = $50,000 and current assets = $200,000.What is the company's current ratio?

• A) 3.60
• B) 1.80
• C) 1.20
• D) 1.28

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Definitions:

Reverse Transcriptase

An enzyme that synthesizes DNA from an RNA template, pivotal in the lifecycle of retroviruses and in certain biotechnological applications.

cDNA

Complementary DNA synthesized from an mRNA template using the enzyme reverse transcriptase, used in cloning and gene expression studies.

mRNA

Messenger RNA, a single-stranded RNA molecule that carries genetic information from DNA to the ribosome, where it directs protein synthesis.

Genomic Library

A collection of DNA fragments that represents the entire genome of an organism.