A Company Has $40,000 in Cash, $75,000 in Short-Term Investments

question 108

Multiple Choice

A company has $40,000 in cash, $75,000 in short-term investments, $263,000 in net current receivables, and $110,000 in inventory. The total current liabilities of the firm are $305,000. The quick ratio of the company is:

• A)0)63.
• B)1)24.
• C)1)60.
• D)1)76.

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Definitions:

Vaginal Canal

The muscular tube leading from the external genitals to the uterus in female anatomy, part of the reproductive system.

Hormone Replacement Therapy

A medical treatment that replaces hormones to correct deficiencies or imbalances, often used during menopause.

Dyspareunia

Painful sexual intercourse experienced by either partner, which may have physical or psychological causes.

Menopause

The time in a woman's life, typically occurring between ages 45 and 55, when her menstrual periods permanently stop, marking the end of reproductive capability.