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Alpha Enterprise Has Total Current Assets of $2,000,000 and Total

question 186

Multiple Choice

Alpha Enterprise has total current assets of $2,000,000 and total current liabilities of $800,000.If the company purchases $100,000 of inventory on account,while none of its other assets and liabilities change,its current ratio will ________.


Definitions:

Compartments

Distinct sections within spaces or structures, typically used to separate or organize different functions or components.

Membrane Potential

The electrical potential difference across a cell's plasma membrane, caused by the differential distribution of ions, crucial for functions such as nerve impulse transmission.

Sodium-potassium Pumps

Biological mechanism involving the active transport of sodium and potassium ions across cell membranes, essential for various cellular processes.

Charges

Financial or legal responsibilities, or in physics, the property of matter that causes it to experience a force when placed in an electromagnetic field.

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