Use Rizwi Corporation's List of Accounts at December 31,2017 to Answer

question 131

Multiple Choice

Use Rizwi Corporation's list of accounts at December 31,2017 to answer the following question:
Rizwi Corporation
List of Accounts at December 31,2017
$\begin{array}{lrr}\text { Cash } & \$ 30,000 &\text { Accumulated Depreciation } & \$ 12,000 \\\text { Merchandise } & 21,000 & \text { Notes Payable-Due } 12 / 31 / 2025 & 120,000 \\\text { Inventory } &&& \\\text { Land } & 40,000 &\text { Accounts Payable } & 14,000 \\\text { Buildings } & 80,000& \text { Equipment } & 33,000 \\\text { Accounts Receivable } & 25,000& \text { Notes Payable-Due } 07 / 01 / 2019 & 2,000\end{array}$ What is Rizwi Corporation's current ratio?

• A)0.48 to 1
• B)2.00 to 1
• C)2.55 to 1
• D)2.86 to 1

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Definitions:

Person-centered

A therapeutic approach that focuses on treating the individual as a whole, emphasizing empathy and unconditional positive regard.

Crisis Counseling

Immediate and short-term psychological support provided during a crisis to help reduce stress and trauma.

Physical Injury

Harm or damage to a person's body resulting from accidents, violence, or other external forces.

Immediate Safety

The urgent protection of individuals from imminent danger or harm, often prioritized in crisis interventions and emergency response strategies.