If Jo Ann Has $4,000 in Liquid Assets and $1,000

question 101

Multiple Choice

If Jo Ann has $4,000 in liquid assets and $1,000 in current liabilities, her liquidity ratio is

• A) 0.25.
• B) 4.0.
• C) 1,000.
• D) 4,000.

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Definitions:

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The belief that one's successes or failures result from external factors beyond their control, rather than personal actions.

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The process of receiving information through physical senses to understand and interact with the environment.

Judging

The process of forming an opinion or conclusion about something or someone, often based on information and reasoning.