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

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Definitions:

Stressor Defense

Strategies or mechanisms adopted by an individual or system to protect against stress or stress-induced conditions.

Developmental Variable

A factor that undergoes change over time and influences the growth or development of an individual or system.

Optimal Wellness

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity, where an individual or group achieves a balance of health habits, mental stability, and social happiness.

System Variables

Components or factors within a system that can change and affect the system's behavior and outcomes.