Calculate the Current Ratio Using the Following Information A) 192
B) 2

question 49

Multiple Choice

Calculate the current ratio using the following information: $$\begin{array} {| l | r | } \hline \text { Cash } & \$ 5,000 \\\hline \text { Accounts Receivable } & 1,400 \\\hline \text { Prepaid Rent } & 900 \\\hline \text { Land } & 20,000 \\\hline \text { Equipment } & 4,000 \\\hline \text { Accumulated Depreciation } & 800 \\\hline \text { Accounts Payable } & 3,000 \\\hline \text { Salaries Payable } & 800 \\\hline \text { Notes Payable-long term } & 9,000 \\\hline\end{array}$$

• A) 1.92
• B) 2.43
• C) 1.55
• D) 1.68

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Definitions:

Saline Enema

A medical procedure involving the injection of saline solution into the rectum to stimulate bowel movement and relieve constipation.

Abdominal Discomfort

A general term for pain or discomfort felt in the belly area, which can have many causes ranging from indigestion to more serious medical conditions.

Bismuth Subsalicylate

An over-the-counter medication used to treat nausea, heartburn, indigestion, upset stomach, and diarrhea.

Helicobacter Pylori

A type of bacteria that infects the stomach lining and can lead to ulcers, gastritis, and sometimes stomach cancer.