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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Tea : 2 pints lemonade : 2 pints / Tea : 1 pint Lemonade : 3 pints
I am not sure, but I checked my answer and I am right. Hope this helps, thank you :) !!
Locker 1 has more storage space because it has a greater volume.
The volume of locker 1 is 8,640 (48x15x12)
The volume of locker 2 is 7,200 (60x10x12)
I hope this helps.
Answer: 5 to the 3rd times 3 to the second times 2
Step-by-step explanation: