A Firm Has $6 Million in Cash,$1

question 6

Multiple Choice

A firm has $6 million in cash,$1.5 million in accounts receivable,and inventory of $4.2 million.The firm's accounts payable is $7.4 million and the firm has no short-term debt.What is the firm's quick ratio?

• A)0.81
• B)1.58
• C)1.01
• D)0.45
• E)0.77

---

Definitions:

Compulsions

Repetitive or ritualistic acts that, in OCD, serve in some way to deal with the obsessions.

Hallucinations

Perceptions in the absence of external stimuli, such as seeing, hearing, feeling, or smelling things that are not there.

Delusions

False beliefs maintained despite strong evidence against them, often seen in psychological disorders.

Neurodevelopmental Perspective

The Neurodevelopmental Perspective is an approach in psychology that examines how the brain and nervous system's growth and development influence cognitive functions, behaviors, and emotional and social development.