If Current Assets Are $180,000 and Current Liabilities Are $130,000,the

question 94

Multiple Choice

If current assets are $180,000 and current liabilities are $130,000,the current ratio will be:

• A)72%.
• B)$50,000.
• C)1.4.
• D)$310,000.

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Definitions:

Monopoly

A situation where a single company or group exclusively controls the supply of a particular product or service, limiting competition.

Soft Drinks

Non-alcoholic beverages, typically carbonated, which do not contain alcohol but may include caffeine and added sugar or sweeteners.

Oligopoly

A market structure dominated by a small number of large firms, leading to strategic interactions in setting prices and output.

Coca Cola

A carbonated soft drink brand known for its distinctive flavor, originally intended as a patent medicine.