A Company Has Long-Term Assets of $2,000,current Liabilities of $1,250,and

question 145

Multiple Choice

A company has long-term assets of $2,000,current liabilities of $1,250,and long-term liabilities of $1,500.If the current ratio is 2.5,what must current assets be?

• A) $500
• B) $1,563
• C) $3,125
• D) $5,000

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Definitions:

Sensor

A device that detects or measures physical properties and sends the information to a display or control system.

ECU

Stands for Engine Control Unit, an electronic module that controls various engine functions and performance parameters.

Voltage Spikes

Sudden increases in electrical voltage that can potentially cause damage to electronic devices and components.

Circuitry Damage

Damage to the electrical pathways in a device that can interrupt the flow of electricity and impair functionality.