The Following Financial Data Have Been Taken from the Records

question 28

Multiple Choice

The following financial data have been taken from the records of CPZ Enterprises.
$\begin{array}{l|r|}\hline \text { Accounts Receivable } & \$ 200000 \\\hline \text { Accounts Payable } & \$ 80000 \\\hline \text { Bonds Payable, Due in Ten Years } & \$ 300000 \\\hline \text { Cash } & \$ 100000 \\\hline \text { Interest Payable, Due in Three Months } & \$ 10000 \\\hline \text { Inventory } & \$ 440000 \\\hline \text { Land } & \$ 250000 \\\hline \text { Notes Payable, Due in Six Months } & \$ 50000 \\\hline\end{array}$

-What is the current ratio for CPZ Enterprises?

• A) 1.68.
• B) 2.14.
• C) 5.00.
• D) 5.29.

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Definitions:

Cultural Beliefs

Cultural beliefs are shared ideas and values that are socially inherited and influence the behavior and practices of a group of people.

Demographics

Statistical characteristics of human populations, such as age, gender, income, and education, used for identifying market segments.

Marketing Environment

The external factors that affect a company's ability to market its products or services, including economic, social, technological, and legal aspects.

Demographic Characteristics

Attributes of a population such as age, race, gender, income, and education that are used in market segmentation and sociological research.