A Company Has Total Assets of $120,000, Current Assets of $80,000

question 64

Multiple Choice

A company has total assets of $120,000, current assets of $80,000, total liabilities of $50,000, and current liabilities of $25,000. What is the current ratio?

• A) 4.80 to 1
• B) 3.20 to 1
• C) 2.40 to 1
• D) 1.60 to 1

Assess the skills associated with planning as a leadership effectiveness metric.

Explain the significance of problem-solving in leadership and the correct approaches to operational problem-solving.

Recognize the complexity in formulating behavior constructs due to different levels of abstraction.

Acknowledge the challenges in translating among divergent taxonomies used to describe leadership behavior.

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Definitions:

Projective Personality Test

A type of psychological test that asks respondents to interpret ambiguous stimuli, with the belief that their responses reveal hidden aspects of their personality.

IQ

An abbreviation for Intelligence Quotient, a measure of a person's cognitive abilities in relation to their age group, typically determined by standardized tests.

Thematic Apperception Test

A projective psychological test that assesses a person's patterns of thought, attitudes, observational capacity, and emotional responses to ambiguous test materials.

Telling Stories

The act of narrating tales or events, often with a structured beginning, middle, and end, to convey information or entertain.