Use the Following to Calculate the Acid-Test Ratio A)079
B)5

question 93

Multiple Choice

Use the following to calculate the acid-test ratio.(Round your answer to two decimal places. ) $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 100,000 \\\hline \text { Short-term investments } & 17,000 \\\hline \text { Net current receivables } & 250,000 \\\hline \text { Inventory } & 330,000 \\\hline \text { Total current liabilities } & 760,000 \\\hline\end{array}$$

• A)0.79
• B)5.88
• C)0.92
• D)0.48

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Definitions:

Systematic Desensitization

A behavioral therapy method used to gradually reduce anxiety through the association of a relaxed state with gradually increasing anxiety-triggering stimuli.

Classical Conditioning

A type of learning through which an organism learns to associate one stimulus with another.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the likelihood of a behavior being repeated.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.