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:

Stimulus Intensity

The magnitude or strength of a stimulus, which can affect the perception and response of the sensory system to that stimulus.

Criterion

A standard or principle by which something is judged or recognized.

Noise Level

The intensity of unwanted or disturbing sounds in a particular environment, often measured in decibels.

Subliminal Perception

The processing of information by sensory systems without a person's conscious awareness.