A Company Has the Following Account Balances A) 91
B)

question 65

Multiple Choice

A company has the following account balances.What is the acid-test ratio? (Please round to two decimal places.) $\begin{array}{|l|r|}\hline\text { Cash } & \$ 60,000 \\\hline \text { Short-terminvestments } & 75,000 \\\hline \text { Net current receivables } & 140,000 \\\hline \text { Inventory } & 145,000 \\\hline \text { Total current liabilities } & 395,000 \\\hline\end{array}$

• A) .91
• B) .94
• C) 1.06
• D) .70

---

Definitions:

Double-Blind Procedure

An experimental procedure in which neither the participants nor the experimenters know who is receiving a particular treatment, used to prevent bias in research results.

Placebo

An inert or non-active treatment given to a participant in an experiment, used to measure the effect of the treatment being tested.

Barbiturates

A class of drugs that act as central nervous system depressants, often used for their sedative and hypnotic properties.

Deadly Effects

Refers to the harmful outcomes or mortal impacts that can result from certain actions, substances, or situations.