Judith Corp

question 37

Multiple Choice

Judith Corp.has current assets worth $50,000 and current liabilities worth $75,000.Current assets include inventory of $10,000.Calculate current ratio.

• A) 1.500
• B) 0.533
• C) 0.625
• D) 0.667

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Definitions:

Organizational Assets

Resources owned by a company that have value and can contribute to its financial health, including physical, intangible, and human resources.

High Skill

Refers to jobs or workers possessing advanced training, expertise, or education, typically resulting in better job performance and higher pay.

Non-Propertied People

Individuals or groups who do not own property or significant assets, often highlighting differences in social and economic status.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.