Genentech, a biotechnology company, reported current assets of $2,209 million and current liabilities of $652 million in 2001, and in 2000, current assets of $1,793 million and $453 million of current liabilities. Calculate the current ratio for 2001.

A. 3.39
B. 3.62
C. 3.96
D. 4.00

Ans: A. 3.39

Business

You might also like to view...

Proactive measures to prevent organizational ethics problems include all of the following except:

A. instituting a reward system which considers outcomes as its primary criterion. B. using leaders as role models of ethical behavior. C. issuing statements describing the organization's commitment to certain standards of behavior. D. using the organization's information systems as a control system.

Business

If a consumer admires the qualities of another person and copies his or her behaviors, the person that is copied is said to have ________ power

A) referent B) informational C) legitimate D) coercive

Business