A Company Has the Following Accounts A)450%
B)2

question 20

Multiple Choice

A company has the following accounts.What is the acid test ratio?
$\begin{array}{c}\begin{array}{lr}\text { Cash } & \$ 10,000 \\\text { Accounts receivable } & 20,500 \\\text { Office supplies } & 2,625 \\\text { Land } & 37,153 \\\text { Office equipment } & 14,535 \\\text { Accounts payable } & 18,352 \\\text { Common stock } & 54,490\end{array}\begin{array}{lr}\text { Wages Payable } & \$ 2,000 \\\text { Consulting fees } & 13,718 \\\text { earned } & \\ \text { Rent expense } & 3,673 \\\text { Salaries expense } & 6,642 \\\text { Telephone expense } &560 \\\text { Miscellaneous } & 280 \\\text { expense } & \end{array}\end{array}$

• A)4.50%
• B)2.30%
• C)1.75%
• D)4.00%
• E)1.50%

---

Definitions:

Nodes Of Ranvier

Gaps in the myelin sheath of nerve fibers that facilitate rapid signal conduction by allowing ions to flow across the membrane.

Neural Signaling

The process by which neurons communicate with each other through electrical and chemical signals.

Sensory Information

Data received and processed by sensory receptors pertaining to stimuli from the environment or the body itself, critical for perception and response.

Membrane Potential

The electrical potential difference across a cell's membrane, which affects the movement of ions and the activity of the cell.