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AHIP Exam AHM-520 Topic 1 Question 104 Discussion

Actual exam question for AHIP's AHM-520 exam
Question #: 104
Topic #: 1
[All AHM-520 Questions]

The following information was presented on one of the financial statements prepared by the Rouge Health Plan as of December 31, 1998:

Rouge's current ratio at the end of 1998 was approximately equal to:

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Suggested Answer: C

by Carry at Dec 06, 2024, 07:06 AM

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Louann
3 days ago
But the quick ratio was 0.84, so it must be lower than 1.19.
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Vilma
20 days ago
I believe it was actually 1.19.
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Miesha
20 days ago
The current ratio of 1.19 seems about right. It's a common and reasonable ratio for a healthcare organization like Rouge Health Plan.
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Annamaria
5 days ago
A) 0.84
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Louann
23 days ago
I think the current ratio was 1.06.
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