If the Quick Ratio Is 2

question 62

Multiple Choice

If the quick ratio is 2.0,and the current liabilities are $110,000,what is the amount of quick assets?

• A)$110,000
• B)$200,000
• C)$220,000
• D)none of the above

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Definitions:

Self-Testing

The practice of evaluating one's own understanding or knowledge, typically as a study method to enhance learning and memory retention.

Self-Monitoring

The process of observing and regulating one's own behavior in social situations to fit into the expected norms or to achieve personal goals.

Egocentrism

A cognitive characteristic where an individual has difficulty understanding or assuming any perspective other than their own, often observed in children during the Piagetian preoperational stage.

Cognitive Development

The process by which individuals acquire, develop, and utilize thinking skills, including perception, memory, understanding, and problem-solving, throughout their lifespan.