Current Assets Are $40,000 and Long-Term Assets Are $50,000

question 112

Multiple Choice

Current assets are $40,000 and long-term assets are $50,000. Total liabilities are $60,000, of which current liabilities are 50%. The current ratio is:

• A)1)33.
• B)1)50.
• C)3)00.
• D)9)00.

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Definitions:

Social Engineering

Manipulative techniques used to deceive individuals into divulging confidential or personal information.

Spyware

Malicious software designed to gather private information from a user's computer without their knowledge, often for advertising or surveillance purposes.

Zombie Attack

In cybersecurity, a type of cyber attack where a computer is compromised and controlled by a hacker to perform malicious tasks, often without the owner's knowledge.

Router

A networking device that forwards data packets between computer networks, connecting multiple networks together.