The answer would be D) because its true and the difference is -0.2.
C and E and F are all the correct answers
<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
</span>
<h3>
Answer: 300</h3>
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Explanation:
One general template of exponential functions is
f(x) = a*(b)^x
The 'a' is the initial amount, which in this case is a = 300
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Extra info:
The b is the base of the exponential, which is b = 1.16
The value of b is helpful to determine if you have exponential growth or decay, and how much of either. Because b = 1.16 is greater than 1, it indicates exponential growth. The rate of growth is found by solving 1+r = 1.16 to get r = 0.16, which leads to 16% growth.
