A Business Has Current Assets of $62,000,total Assets of $350,000,current

question 183

Multiple Choice

A business has current assets of $62,000,total assets of $350,000,current liabilities of $31,000,and total liabilities of $125,000.What is its current ratio?

• A) 0.5
• B) 2.0
• C) 2.8
• D) 3.0

Understand the concept of human capital and its accumulation.

Identify the factors contributing to wage differences among workers.

Recognize the role of compensating differentials in the labor market.

Comprehend the impact of discrimination on wage disparities.

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Definitions:

Task Groups

Collections of individuals brought together to accomplish a specific job, project, or assignment within a limited timeframe.

Formal Groups

Collections of individuals brought together within an organization to achieve specific goals with defined roles and structures.

Clique

A small, exclusive group of individuals with shared interests or common goals, often perceived as isolating themselves from others.

Person-To-Person

Direct interaction or communication between two or more individuals.