If the Current Ratio Is 3 to 1 and the Working

question 60

Multiple Choice

If the current ratio is 3 to 1 and the working capital is $100,000,then the current assets are

• A)$150,000.
• B)$200,000.
• C)$300,000.
• D)$450,000.

---

Definitions:

Political Systems

The framework by which a society organizes and administers public policy and governance, including democracy, monarchy, and dictatorship.

Uncentralized Political System

A political structure where power is distributed among various groups or units instead of centralized authority.

Social Organization

The structured patterns of relationships and roles that arise in any society, dictating how individuals and groups interact.

Kinship

A network of relatives into which individuals are born and married, and with whom they cooperate based on customarily prescribed rights and obligations.