The Fingertips Company Had the Following Financial Data for the Year

question 93

Multiple Choice

The Fingertips Company had the following financial data for the year ended December 31, 2015: $$\begin{array} { | l | r |} \hline \text { Cash } & \$ 45,000 \\\hline \text { Cash equivalents } & 80,000 \\\hline \text { Long term investments } & 60,000 \\\hline \text { Total current liabilities } & 150,000 \\\hline\end{array}$$ 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:

Stereotypes

Oversimplified generalizations about groups of people that ignore individual differences.

Ambivalent Sexism

The pairing of hostile beliefs about women with benevolent but patronizing beliefs about them.

Hostile Beliefs

Negative attitudes or assumptions about others that are characterized by suspicion, antagonism, or animosity.

Benevolent Beliefs

Positive but patronizing beliefs and attitudes that can unintentionally perpetuate inequality, often viewed as harmless or even supportive by those who hold them.