This Statement of Facts Is Presented for Problems 12 and 13

question 6

Multiple Choice

This statement of facts is presented for problems 12 and 13: A hospital's trial balance shows the following captions: (1) cash equivalents; (2) prepaid insurance on buildings; (3) inventory of medicines; (4) short-term investments; (5) accumulated depreciation on buildings; (6) current portion of long-term debt;and (7) accounts receivable.
-Which of these seven accounts do not enter into the calculation of the current ratio?

• A)only (5)
• B)only (6)
• C)only (7)
• D)(5)and (7)

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Definitions:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system, leading to AIDS if not treated.

Monophyletic

Referring to a group of organisms that consists of all the descendants of a common ancestor.

Descendants

Offspring or future generations derived from a common ancestor.

Ancestor

A person, plant, animal, or object from whom one is descended, typically one more remote than a grandparent, such as a great-grandparent or beyond.