Use the Table for the Question(s)below

question 28

Multiple Choice

Use the table for the question(s) below.
Statement of Financial Position

-If the above statement of financial position is for a retail company,what indications about this company would best be drawn from the changes in quick ratio between 2014 and 2015?

• A)The company has eliminated the risk that it will experience a cash shortfall in the near future.
• B)The company has reduced the risk that it will experience a cash shortfall in the near future.
• C)The risk that the company will experience a cash shortfall in the near future is unchanged.
• D)The company has increased the risk that it will experience a cash shortfall in the near future.
• E)The company has greatly reduced the risk that it will experience a cash shortfall in the near future.

---

Definitions:

Insulin Coma

A seizure and loss of consciousness induced by administration of insulin.

Schizophrenia

A grave mental illness manifested by disruptions in thought, awareness, mood, verbal expression, self-perception, and behavior.

Chlorpromazine

The first true antipsychotic medication, introduced in the early 1950s.

Promethazine

A medication used for a range of purposes, including treating allergies, insomnia, and nausea, also serving as a sedative.