The company's current ratio is 2.6.
<h3>
What is the current ratio?</h3>
Current ratio is an example of a liquidity ratio. Liquidity ratios are financial ratios measure a firm's ability to honour its short terms obligations.
Current ratio = current asset /current liability
$65,000 / 25,000 = 2.6
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Answer:
x=3; y=5
Step-by-step explanation:
y=x+2
y=3x-4
so x+2=3x-4
2x=6
x=3
because y=x+2
x=3
so y=3+2
=5
K = -48
1. subtract 5 from both sides
-4 = k/12
2. multiply 12 from both sides to get k alone
-48 = k
Answer:
61
Step-by-step explanation:
to calculate the 20th term you use the formula
Tn=a+(n-1)d where a stands for the first term,n the number of terms and d the common difference.in this case the first term is 4 the common difference is 3 cause they were adding 3 to go to the next term.. therefore the solution will be:
Tn=4+(20-1)3
=4+19×3
=4+57
=61
the 20th term is 61
I hope this helps