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AHIP Exam AHM-520 Topic 5 Question 96 Discussion

Actual exam question for AHIP's AHM-520 exam
Question #: 96
Topic #: 5
[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:

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

Tiffiny
2 months ago
Hmm, maybe I made a mistake in my calculation.
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Donette
2 months ago
This is a piece of cake. The current ratio of 0.84 is clearly the correct answer. It's the only one that's less than 1, which is the sign of a healthy financial situation. Easy peasy!
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King
24 days ago
I think the correct answer is 1.31.
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Elbert
25 days ago
I believe it's 1.19.
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Rene
26 days ago
I'm not sure, but I think it might be 1.06.
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Antonio
1 months ago
I think the current ratio is 0.84.
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Izetta
2 months ago
I calculated it to be 0.84.
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Bette
2 months ago
But the answer options don't include 1.19.
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Tiffiny
3 months ago
I believe it was 1.19.
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Carla
3 months ago
Wait, is this a health insurance plan or a gym membership? Either way, I'm going with the 'Rouge' answer - it's the most colorful one!
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Marget
3 months ago
Hold on, am I the only one who sees a trick question here? I'm going with option D - 1.31. It's the highest current ratio, so it must be the correct answer!
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Lyndia
2 months ago
I'm not so sure, I think option C - 1.19 might be the correct answer. It's a close call.
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Kiley
2 months ago
I think you might be right, option D does seem like the safest choice.
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Bette
3 months ago
I think the current ratio was 1.06.
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An
3 months ago
Hmm, I'm not sure I agree with that. The current ratio of 1.06 seems more reasonable based on the financial information provided.
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Bernardo
3 months ago
The current ratio of 1.19 looks about right to me. It seems to be in line with the industry average.
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Jose
2 months ago
Yeah, it shows they have enough current assets to cover their current liabilities.
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Theresia
3 months ago
I think the current ratio of 1.19 is a good sign for Rouge Health Plan.
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