Convex Industries Has Inventories of $200 Million,current Assets of $1

question 60

Multiple Choice

Convex Industries has inventories of $200 million,current assets of $1.4 billion,and current liabilities of $530 million.What is its quick ratio?

• A)0.38
• B)0.44
• C)2.12
• D)2.26

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Definitions:

Polygenic Inheritance

A pattern of inheritance where multiple genes are involved in determining a trait or characteristic.

Sex-linked

Refers to genes or traits that are associated with specific sexes due to their location on sex chromosomes, often leading to the expression of certain diseases or characteristics predominantly in one sex.

Hemophilia

A genetic disorder that impairs the body's ability to make blood clots, leading to excessive bleeding.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical, as opposed to a dominant gene which can express its phenotype over a different allele.