Dollar Ltd Has a Current Ratio of 2:1

question 14

Multiple Choice

Dollar Ltd has a current ratio of 2:1. This means that:

• A)there is $2 of current assets for every $1 of current liabilities.
• B)its current assets are half its current liabilities.
• C)its current assets are insufficient to meet its current liabilities.
• D)its current assets are equal to its current liabilities.

---

Definitions:

Cognitive-Behavioral Therapy

A goal-oriented, systematic intervention in therapy focusing on altering problematic emotions, behaviors, and cognitions.

Overt-Destructive

Behavior that is openly aggressive or harmful, typically observable and measurable by others.

Covert Destructive

Behaviors or actions that are hidden or secretive in nature but result in harm or damage either to oneself or others.

Conduct Disorder

A range of antisocial types of behavior displayed in childhood or adolescence.