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KengaRu [80]
4 years ago
8

What is 412,639 rounded to the nearest thousand

Mathematics
1 answer:
MariettaO [177]4 years ago
6 0

Answer:

413,000

Step-by-step explanation:

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katrin [286]
<span>1. The current ratio (assets/liabilities) of company X is 3.1. Given that the current assets are $186000, find the current liabilities:

Assets = A
Liabilities = L

A / L = 3.1 => L = A / 3.1

A =  186000 => L = 18600 / 3.1 = 6000

Answer: $ 6000

2. The board of directors determines that the current ratio must never be below 2.6. What is the maximum amount that the company can borrow?


A/L ≥ 2.6

=> L ≤ A / 2.6

=> L ≤ 186000 / 2.6

L ≤ 71538.46

Answer: $71538.46
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