A Company Has $45,600 in Current Assets; $111,320 in Total

question 19

Multiple Choice

A company has $45,600 in Current assets; $111,320 in Total assets; $67,500 in Current liabilities and $188,400 in Total liabilities.The company has a current ratio of:

• A) 0.68.
• B) 1.48.
• C) 0.24.
• D) 0.59.

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Definitions:

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and sadness.

Unpleasant Emotions

Feelings that are typically described as negative such as sadness, anger, fear, or disgust, which are often a response to undesirable experiences or thoughts.

Standardized Test

A test designed to be administered and scored in a consistent, or "standard," manner, widely used to compare the abilities or knowledge of individuals across various domains.

Known Distribution

A statistical term referring to a distribution whose properties (such as mean and variance) are known.