Exhibit 4-1 Given the Following Information for Blue Bell Company

question 14

Multiple Choice

Exhibit 4-1 Given the following information for Blue Bell Company:
-Refer to Exhibit 4-1. Blue Bell's current ratio at December 31, 2014 was

• A) 3.67 times
• B) 2.33 times
• C) 1.33 times
• D) 0.43 times

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Definitions:

Secession Crisis

A period of intense conflict and divisiveness within a country around the topic of regions or states declaring independence and breaking away from the central government.

Legislation

Laws enacted by a legislative body or the process of creating such laws.

Declaration Of War

A formal announcement made by a sovereign or government indicating that a state of war exists between it and another state.

Fort Sumter

A sea fort in Charleston, South Carolina, notable for two battles of the American Civil War, the first of which marked the beginning of the conflict.