Answer:
The quick ratio is 4.75:1.
Step-by-step explanation:
From the given information it is clear that:
Cash = $340,000
Inventory = $280,000
Accounts receivable = $40,000
Accounts payable = $65000
Other current liabilities = $15000
Formula for quick ratio:
Substitute Cash = 340000, Current receivables=40000, Current Liabilities= (65000+15000).
Therefore the quick ratio is 4.75:1.
Answer:
Your a legend
Step-by-step explanation:
Answer:
Improper fraction
Step-by-step explanation:
-36/12 is indeed an improper fraction. An improper fraction is usually a fraction where the numerator is larger than the denominator. Which in order for the fraction to be a "proper" fraction, the fraction has to have a numerator that is smaller than the denominator. Not only is this fraction an improper one, but it can also be heavily reduced (or simplified) by dividing the numerator/denominator by a common factor, which you would still have an improper fraction speaking how the numerator will still be greater than the denominator.
Hope this helps.
Answer:
5/7
Step-by-step explanation:
We have two points ( 2,-2) and (9,3)
We can find the slope using the slope formula
m = ( y2-y1)/(x2-x1)
= ( 3- -2)/( 9-2)
= ( 3+2)/(9-3)
= 5/7