"Community right to know" legislation:

A. is the law that regulates dumping of all types of material into ocean waters.
B. is the legislation that protects quality of ambient air through national ambient air quality standards.
C. requires an industry to disclose to the community the presence of certain listed chemicals.
D. establishes a cradle-to-the-grave regulatory system.


Answer: C

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Refer to the following selected financial information from Texas Electronics. Compute the company's current ratio for Year 2. Year 2 Year 1Cash$37,500 $36,850 Short-term investments 90,000  90,000 Accounts receivable, net 85,500  86,250 Merchandise inventory 121,000  117,000 Prepaid expenses 12,100  13,500 Plant assets 388,000  392,000 Accounts payable 113,400  111,750 Net sales 711,000  706,000 Cost of goods sold 390,000  385,500 

A. 3.05. B. 2.95. C. 1.98. D. 2.26. E. 1.88.

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