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Brankov Company Has Current Assets of $115,000 and Current Liabilities

question 189

Multiple Choice

Brankov Company has current assets of $115,000 and current liabilities of $140,000.The company decides to issue stock and receives cash of $150,000.After this transaction,the company's current ratio will be: (Round your final answer to two decimal places. )


Definitions:

Empathy

The ability to understand and share the feelings of another, mentally placing oneself in another's situation.

Person-Centered Therapist

A type of psychotherapist who follows the principles of person-centered therapy, focusing on providing a supportive environment that encourages self-discovery and self-acceptance.

Unconditional Positive Regard

A therapeutic concept developed by Carl Rogers, where the therapist accepts and supports the client regardless of what the client says or does.

Gestalt Therapy

A form of psychotherapy that emphasizes personal responsibility and focuses on the individual's experience in the present moment, the therapist-client relationship, and the environmental and social contexts of a person's life.

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