________ simulation is limited because of the amount of real time required to simulate even one trial

Westwood Clothing Store reported the following selected items at June 30, 2017 (last year - 2016 - amounts are also given as needed)

Cash $ 80,000 Accounts Receivable, net: June 30, 2017 June 30, 2016 45,000 53,000 Accounts Payable 55,000 Cost of Goods Sold 288,000 Merchandise Inventory June 30, 2017 June 30, 2016 70,000 90,000 Net Credit Sales Revenue 480,000 Long-Term Assets 220,000 Long-Term Liabilities 140,000 Other Current Assets 150,000 Other Current Liabilities 130,000 Short-term Investments 40,000 Compute Westwood's acid-test ratio for 2017. Show your computations. (Round the answer to 2 decimal places.) What will be an ideal response

The goal of exploratory research is to shed light on the real nature of the problem and to suggest possible solutions or new ideas

Indicate whether the statement is true or false