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3 years ago

A company's total assets are $98,000 and total liabilities are $49,000. Find the current ratio.

Mathematics

2 answers:

puteri [66]3 years ago

8 0

98/49 = 2/1 ratio

does the question say how to give the answer?

it could be 2/1 or 2:1

Novay_Z [31]3 years ago

5 0

Hi there
The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations

The formula for calculating a company’s current ratio, then, is:

Current Ratio = Current Assets / Current Liabilities

Current ratio=98,000÷49,000=2

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Three merchants find a purse lying in the road. The first asserts that the discovery would make him twice as wealthy as the othe

Angelina_Jolie [31]

Answer: the system of equation would be :

A + Y = 2 (B+C)

B + Y = 3B

C + Y = 5C

the three merchants would have 10 dollars, 10 dollars, and 5 dollars respectively

Step-by-step explanation:

before finding the purse, lets assume the wealth of the 3 merchants were as follows:

first merchant = A dollars

second merchant = B dollars

third merchant = C dollars

lets assume the purse contained Y dollars

After finding the purse they all claimed they would have the following:

first merchant said adding the money in the purse to his wealth would make him twice as rich as the other two combined : A + Y = 2 (B+C)

second merchant said adding the money in the purse to his wealth would make his wealth triple : B + Y = 3B

third merchant said adding the money in the purse to his wealth would make his wealth increase five folds : C + Y = 5C

third merchant = C dollars

therefore the system of equations to represent the problems are:

A + Y = 2 (B+C)

B + Y = 3B

C + Y = 5C

2. now when the money in the purse is 20 dollars (Y= 20 dollars ), from the equations above

the second merchant will have :

B + Y = 3B

B + 20 = 3B

3B - B = 20

2B = 20

B = 10 dollars

the third merchant will have :

C + Y = 5C

C + 20 = 5C

5C - C = 20

4C = 20

C = 5 dollars

the first merchant will have :

A + Y = 2 (B+C)

A + 20 = 2 ( 10 + 5)

A = 2 (15) - 20

A = 30 - 20

A = 10 dollars

8 0

3 years ago

The volume of the triangular prism is 54 cubic units.What is the value of x?

nadezda [96]

Answer:

x=3

Step-by-step explanation:

the volume of the prism with triangular base is 54 unit³

The base is a triangle with, base i.e 4 units and height i.e x units

Also, height of the prism = 3x

So, volume of the prism is,

And

$Area_{Triangle}=\dfrac{1}{2}\times base\times Height_{Triangle}=\dfrac{1}{2}\times 4\times x=2x\ unit^2$

Then,

$V_{Prism}=2x\times 3x=6x^2$

As the volume is given as 54 unit³, hence

6x²=54

x²=9

x=3

6 0

4 years ago

To paint interior walls, a person charges 50¢ per square foot plus the cost of the paint. For a recent job, the paint cost $1

zubka84 [21]

Answer: $750\ ft^2$

Step-by-step explanation:

Given

Rate of painting 50¢ per square foot

Cost of paint is $100

If the total bill is $475

We can write,

$\Rightarrow 475=100+0.5\times x\quad [x=\text{area in square foot}]\\\Rightarrow 375=0.5x\\\Rightarrow x=750\ ft^2$

Thus, $750\ ft^2$ must be painted.

3 0

3 years ago

Can someone please help with these 2 questions? It would mean the world to me. I have attached the image for the questions.

sweet [91]

Answer:

2 $\frac{1}{20}$

Step-by-step explanation:

for question a)

It would be easier if you converted these to improper fractions (currently it is in the form of a proper fraction)

to convert to improper fraction, you would multiply the denominator (bottom no. of fraction) by the whole number , then add that with the numerator (top no. of fraction) and put the whole thing over the denominator.

E.g.

7 $\frac{1}{4}$ = 7x4 + 1 = 29

Thus, improper fraction would be $\frac{29}{4}$

do same thing for other one

thus , $\frac{26}{5}$

now,

$\frac{29}{4}$ - $\frac{26}{5}$

however, you can't do this as the denominators are not the same, so multiply them by a number which would give the a common denominator (20 would be the best option for common denominator)

$\frac{145}{20} -\frac{104}{20}$ = $\frac{41}{20}$