Fernvale Pty Ltd Has a Current Ratio of 2:1 with Total

question 57

Multiple Choice

Fernvale Pty Ltd has a current ratio of 2:1 with total current liabilities of $30 000.If Fernvale Pty Ltd's inventory is $7 500,the quick ratio is:

• A) 2.67:1
• B) 1.75:1
• C) 2.25:1
• D) 1.6:1

Understand the role and operations of the Securities and Exchange Commission (SEC).

Comprehend the mechanisms of liability and remedies under the Securities Act of 1933.

Recognize the purposes and key provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.

Identify the processes and criteria for securities registration and exemptions.

---

Definitions:

Stimulate Brain Cell

The process of activating or promoting the activity of neurons in the brain, which can influence neuroplasticity, learning, and memory.

Prevent Heart Attacks

Strategies or measures taken to reduce the risk factors associated with cardiac arrests, including lifestyle modifications and medical interventions.

Preadolescent Years

Preadolescent years refer to the period of life just before adolescence, often characterized by changes in growth, development, and social interactions.

Teens Or Twenties

A phrase referring to the age group spanning from teenagers through individuals in their twenties, often focusing on this period's developmental challenges and opportunities.