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1. A current ratio of 0.9 means:
A) the firm has $0.90 of current liabilities for every $1.00 of current assets
B) the firm has $0.90 of current assets for every $1.00 of long term liabilities
C) the firm has $0.90 of current assets for every $1.00 of current liabilities
D) the firm has $0.90 fixed assets for every $1.00 of current assets
E) the firm has a debt ratio of 90%
2. Which of the following functions deals with the management of money??
a. ?Marketing
b. ?Investment
c. ?Financial services
d. ?Information systems
e. ?Managerial finance
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