Aster Limited Has a Current Ratio of 1

question 29

Multiple Choice

Aster Limited has a current ratio of 1.75 to 1 and current liabilities of $20 000. If Aster Limited's inventory is $8 000 the quick ratio is:

• A) 1.75 to 1
• B) 1.35 to 1
• C) 1.4 to 1
• D) 0.74 to 1

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Definitions:

Klinefelter Syndrome

A genetic condition that affects males, characterized by the presence of an extra X chromosome, leading to symptoms such as reduced testosterone levels and fertility issues.

Androgen Insensitivity Syndrome

A genetic condition in which a person who is genetically male is resistant to male sex hormones, leading to the development of female physical traits but male genetic makeup.

Instrumentality

Being oriented toward tasks and problem solving.

Androgynous

describes a person or characteristic that blends or encompasses both traditional male and female qualities.