The Following Information Is from Acme's Annual Report for the Years

question 3

Multiple Choice

The following information is from Acme's annual report for the years ended Dec. 31:

-Refer to the Acme annual report above.Calculate the current ratio for 2011.

• A)0)4
• B)1)1
• C)2)2
• D)3)5

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Definitions:

Utilization

Actual output as a percent of design capacity.

Units

Standard quantities used in measurement that serve as reference points for describing the magnitude of attributes.

Process Time

The time to produce a unit (or specified batch of units) at a workstation.

Cycle Time

The maximum time that a product is allowed at each workstation.