Based on the net working capital and the current assets, the current ratio of the firm is 2.92
<h3>What is the firm's current ratio?</h3>
First, find the current liabilities:
= Current assets - Net working capital
= 3,500 - 2,300
= $1,200
The current ratio is:
= Current assets / Current liabilties
= 3,500 / 1,200
= 2.92
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Answer:
Excuse me I need more information to solve this question.
Step-by-step explanation:
Step-by-step explanation:
y + 3 = - (x + 3)
y + 3 = -x - 3
y = -x - 6
5,280 feet per mile
10 miles
5,280x10= 52,800
Answer:
10 and 15
Step-by-step explanation:
Let 'x' and 'y' are the numbers we need to find.
x + y = 25 (two numbers whose sum is 25)
(1/x) + (1/y) = 1/6 (the sum of whose reciprocals is 1/6)
The solutions of the this system of equations are the numbers we need to find.
x = 25 - y
1/(25 - y) + 1/y = 1/6 multiply both sides by 6(25-y)y
6y + 6(25-y) = (25-y)y
6y + 150 - 6y = 25y - (y^2)
y^2 - 25y + 150 = 0 quadratic equation has 2 solutions
y1 = 15
y2 = 10
Thus we have
:
First solution: for y = 15, x = 25 - 15 = 10
Second solution: for y = 10, x = 25 - 10 = 15
The first and the second solution are in fact the same one solution we are looking for: the two numbers are 10 and 15 (since the combination 10 and 15 is the same as 15 and 10).
