Calculate the current ratio and the acid-test ratio. Is the company healthy based on the guidelines given in the text?Current assets: $236,000Current liabilities: $180,000Liquid assets: $141,000
A. Current ratio = 0.78 which is too low
Acid-test ratio = 1.31 which is too low
B. Current ratio = 1.31 which is too low
Acid-test ratio = 1.67 which is fine
C. Current ratio = 1.31 which is too low
Acid-test ratio = 0.78 which is too low
D. Current ratio = 1.67 which is too low
Acid-test ratio = 0.78 which is too low
Answer: C
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A. 4,058 ft B. 4,048 ft C. 4,068 ft D. 4,038 ft
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Change the word statement to an equation. Use x as the variable.- 
of a number plus 18 equals 5.
A. - 
x = 18 + 5
B. - 
x + 18 = 5
C. - 
(x + 18) = 5
Solve using the division principle.22 = -2z
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