If Line Ltd Has a Current Ratio of 2

question 66

Multiple Choice

If Line Ltd has a current ratio of 2.5:1 and current assets are $600,000, how much are the company's current liabilities?

• A)$240,000.
• B)$300,000.
• C)$360,000.
• D)$200,000.

Distinguish between different parenting styles and their effects.

Understand the processes associated with aging, death, and dying.

Comprehend the concept of identity and role confusion.

Identify and describe the stages and coping mechanisms of grief according to Kübler-Ross.

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Definitions:

Gambler's Fallacy

The erroneous belief that if a particular event occurs more frequently than normal during the past, it is less likely to happen in the future, or vice versa, in situations that are truly random.

Ignoring Base Rates

Ignoring base rates is a cognitive bias that involves disregarding or underestimating general information (base rates) in favor of specific individual information when making decisions or judgments.

Availability Bias

A cognitive bias that causes people to overestimate the likelihood of events based on their availability in memory, often leading to skewed decision-making.

Belief Perseverance

The tendency to cling to one's initial belief even after receiving new information that contradicts or disconfirms the basis of that belief.