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

question 51

Multiple Choice

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

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

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Definitions:

Strategy Implementation

The execution phase of strategic management, wherein planned strategies are put into action to achieve organizational objectives.

Competitors

Entities or businesses that vie for the same market share within an industry by offering similar or alternative products or services.

World Trade Organization

An international organization that regulates trade between nations, aiming to ensure smooth, predictable, and free trade flows.

Tariffs

Taxes imposed on imported goods to regulate trade, typically to protect domestic industries or to generate revenue.