What is equivalent to 9?
9/1 = 9
9/1 is equivalent to 9.
Based on the short-term debt that Nelson raises, the firm's quick ratio will be 1.204.
<h3>What is the firm's quick ratio?</h3><h3 />
First, find the maximum amount of short-term funds that Nelson can raise?
Assuming this amount is x, we can find it with the current ratio formula:
Current ratio = Current assets / Current liabilities
2 = (1,260,000 + x) / ( 450,000 + x)
x = $360,000
The quick ratio would therefore be:
= ( New Current assets - New inventory) / New current liabilities
= ( (1,260,000 + 360,000) - (285,000 + 360,000) ) / (450,000 + 360,000)
= 1.204
Find out more on quick ratio at brainly.com/question/13917900.
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Answer: C
Step-by-step explanation:
4x + 1 = 9
4x + 1 -1 = 9-1
4x=8
8/4=2
Answer:
$75
Step-by-step explanation:
Joni currently earns $300 per week (given)
To find how much more she will earn each week, write an expression adding the original pay and the raise amount.
$300 + 25%
Find 25 as a decimal for multiplication
25% = 25/100 = 0.25
Write an expression to represent the scenario
Expression example 1:
$300 + 0.25(300)
This expression adds the original pay and the new raise together.
Expression example 2:
$300 (1.25)
This expression already takes the new pay into account by finding 125% of the original pay.
Simplify both expressions
Expression 1:
$300 + 0.25(300)
$300 + $75
$375
Expression 2:
$300 (1.25)
$375
Both expressions represent the same scenario and therefore come out to the same result. Now that we know how much Joni made after the raise, we need to find how much more money she will earn in a week with the following equation.
New amount - original amount = amount increase
Substitute known values into the equation
$375 - $300
Simplify
$75
Joni will earn $75 more each week.
Let me know if you have any questions!
Answer:300 is the answer
Step-by-step explanation: