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:
21st `day
Step-by-step explanation:
3*3*3*3*3*3*3=21
7*7*7=21
21 is the lcm of 3 and 7
Answer:
n = -6
Step-by-step explanation:
<u>Step 1: Divide both sides by 4</u>
4n / 4 = -24 / 4
n = -6
Answer: n = -6
Answer:
The markup percentage is 61.2
Step-by-step explanation:
Given as :
The cost price of each ornaments = $23
The sell price of each ornament = $37.08
Let The markup percentage = x
<u>Now, According to question</u>
Markup percentage = 
× 100
Or, x% = 
Or, x% = 
Or, x% = 0.612
∴ x = 0.612 × 100
I.e x = 61.2
So, The The markup percentage = x = 61.2
Hence, The markup percentage is 61.2 Answer
