Washington Corporation Has the Following Financial Data for 2011 and 2010

question 56

Multiple Choice

Washington Corporation has the following financial data for 2011 and 2010.

-What is Washington's current ratio for 2011?

• A)1.08
• B).79
• C)1.27
• D)1.50

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Definitions:

Utilitarian Theory

A normative ethical theory that proposes actions are right if they benefit the majority, aiming to maximize happiness and reduce suffering.

Equally

Pertaining to being the same in quantity, size, degree, or value, or treating all parties in a situation or context without partiality or discrimination.

Utilitarians

Advocates of utilitarianism, a theory in ethics which states that the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

God

God is a supreme being worshipped in various religions and spiritual traditions, often perceived as the creator and overseer of the universe and source of moral authority.