The Fingertips Inc

question 7

Multiple Choice

The Fingertips Inc.had the following financial data for the year ended December 31,2015. What is the cash ratio as of December 31,2015,for Fingertips Inc.?

• A)0.30
• B)0.40
• C)0.53
• D)0.83

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Definitions:

Cooling Towers

Structures that remove heat from water or other liquids through the process of evaporation, often used in power plants and industrial facilities.

Ecologically Vulnerable

Refers to ecosystems that are exceptionally sensitive to environmental changes or disturbances.

Organic Compounds

Chemical compounds that contain carbon, and are typically found in living systems, often complex and varied in structure.

Organic Wastes

Biodegradable material that comes from plants or animals and can be broken down by other living organisms.