A Company Has $200 in Cash,$500 in Accounts Receivable,and $700

question 62

Multiple Choice

A company has $200 in cash,$500 in accounts receivable,and $700 in inventory.If current liabilities are $400,then the quick ratio would be

• A)1.75 to 1.
• B)2.25 to 1.
• C)3.00 to 1.
• D)3.50 to 1.

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Definitions:

Haploid Spores

Unicellular, reproductive cells with half the usual number of chromosomes, capable of developing into a new organism.

Eukaryotic Cell Cycle

A series of phases that eukaryotic cells go through for growth and division, including the stages of interphase (G1, S, G2) and mitosis or meiosis.

DNA Replication

The process by which a cell duplicates its DNA before it divides, ensuring that each daughter cell receives an exact copy of the DNA.

Homologous Pairs

Pairs of chromosomes that have the same structure and gene sequence, matching one inherited from each parent.