Team Shirts Had Current Assets of $2,500,long-Term Assets of $3,850,current

question 7

Multiple Choice

Team Shirts had current assets of $2,500,long-term assets of $3,850,current liabilities of $1,450,long-term liabilities of $2,000,and shareholder's equity of $2,900.The current ratio (rounded) is ________.

• A)0.72
• B)1.84
• C)4.38
• D)1.72

---

Definitions:

Incidence

The occurrence, rate, or frequency of a disease, crime, or something else undesirable within a given population.

ART

Assisted Reproductive Technology; a range of medical procedures used to treat infertility that involve the manipulation of sperm and eggs or embryos outside the body.

Biological Child

A child resulting from the genetic contribution of its parents, as opposed to being adopted or fostered.

Adoption

The legal process by which an individual or couple becomes the legal and permanent parent(s) of a child.