The Fingertips Company Had the Following Financial Data for the Year

question 115

Multiple Choice

The Fingertips Company had the following financial data for the year ended December 31, 2015: What is the cash ratio as of December 31, 2015, for Fingertips Company?

• A)0.30
• B)0.40
• C)0.53
• D)0.83

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Definitions:

Common Goals

shared objectives or aims among a group of individuals that provide a basis for collaborative effort.

Higher Levels

A term referring to advanced or superior stages, ranks, or degrees in any hierarchical structure, often implying greater complexity or importance.

Less-Skilled Individuals

Refers to persons who possess fewer or less advanced skills or qualifications than what is typically required or valued in the job market.

Team Success

Refers to the achievement of goals and objectives by a group of individuals working together effectively and efficiently.