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5.64 is greater than 5.624
Look at the hundredths place, (third place from left to right)
4 is bigger than 2
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:
3/100
Step-by-step explanation:
convert these measurements into one unit, I am going to do decimals but you can sue fractions or percentages as well.
1/4 is 0.25
2/5 is 0.4
0.12 is 0.12
20% is 0.2
if you add all these up, it equals 0.97
1- 0.97= 0.03
you therefore have 0.03 of the money left over
this as a fraction is 3/100
Answer: 6 cannot go into 3 because it is a larger number but 3 can go into 6 twice because 3x2=6
