Selected Data from the Financial Statements Are Provided in the Following

question 11

Multiple Choice

Selected data from the financial statements are provided in the following table:
$\begin{array}{lrrr}&\text { Year } 3&\text { Year } 2&\text { Year } 1\\\text { Cash } & \$ 44,000 & \$ 28,000 & \$ 14,000 \\\text { Accounts receivable } & 84,000 & 32,000 & 114,400 \\\text { Inventory } & 44,000 & 166,000 & 100,000 \\\text { Prepaid expenses } & 46,000 & 36,000 & 41,600\\\text { Total current assets }&\$218,000&\$262,000&\$270,000\\\\\text { Total current liabilities } & \$ 130,000 & \$ 144,000 \\\text { Net credit sales } & 442,000 & 652,000 \\\text { Cost of goods sold } & 336,000 & 598,000 \\\text { Net cash flows from operating activities } & 32,000 & 58,000\end{array}$
-Refer to the figure Rainsoft Company.What is the current ratio for Year 3?

• A) 0.60
• B) 0.99
• C) 1.34
• D) 1.68

Understand the complexities and difficulties faced by social scientists in conducting survey research.

Grasp the concept and significance of secondary data analysis in sociological research, including its advantages and limitations.

Define and differentiate the key approaches of field research within social sciences.

Understand the different subsets of alcohol use disorders (AUDs) among older adults.

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Definitions:

War on Drugs

A campaign of prohibition and foreign military aid and military intervention undertaken by the U.S. government with the aim of reducing the illegal drug trade.

Drug Trafficking

The illegal trade involving the cultivation, manufacture, distribution, and sale of substances subject to drug prohibition laws.

Racial Stereotypes

Generalized beliefs or assumptions about the characteristics, attributes, and behaviors of members of a particular race, often leading to simplistic and erroneous judgements.

Violent Crime

Acts of crime that involve force or the threat of force against others, including homicide, rape, robbery, and assault.