The Current Ratio at Year-End (Rounded to the Nearest Tenth)

question 141

Multiple Choice

The current ratio at year-end (rounded to the nearest tenth) is:

• A) 2.3 to 1.
• B) 6 to 1.
• C) 3.5 to 1.
• D) Some other answer.

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Definitions:

Integers

Whole numbers that can be positive, negative, or zero, not including fractions or decimals.

Equation

A mathematical statement expressing the equality of two expressions, typically involving variables and constants.

Factoring

The process of breaking down an equation or expression into simpler components that, when multiplied together, return the original equation or expression.

Trinomial

A polynomial consisting of three terms, typically expressed as ax^2 + bx + c.