A Corporation Reports the Following Year-End Balance Sheet Data A) 058
B) 1

question 51

Multiple Choice

A corporation reports the following year-end balance sheet data.The company's acid-test ratio equals:
$$\begin{array} { l r l r } \text { Cash } & \$ 40,000 & \text { Current liabilities } & \$ 75,000 \\\text { Accounts receivable } & 55,000 & \text { Long-term liabilities } & 35,000 \\\text { Inventory } & 60,000 & \text { Common stock } & 100,000 \\\text { Equipment } & 145,000 & \text { Retained earnings } & 90,000 \\\text { Total assets } & \$ 300,000 & \text { Total liabilities and equity } & \$ 300,000\end{array}$$

• A) 0.58
• B) 1.27
• C) 2.07
• D) 0.37
• E) 0.63

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The origin or point of initiation, often used in referencing the beginning of information, materials, or influences.

Encoder

In communication, it refers to a device or software that converts information from one format or code into another, or the person or system that performs this action.

Communication Channel

The medium through which information is transmitted from one entity to another, which can be verbal, non-verbal, or digital.

Message Funnel

A process or model that captures and condenses information from various sources to streamline communication within organizations.