The mean increases when the outlier is removed
The company's current ratio is 2.6.
<h3>
What is the current ratio?</h3>
Current ratio is an example of a liquidity ratio. Liquidity ratios are financial ratios measure a firm's ability to honour its short terms obligations.
Current ratio = current asset /current liability
$65,000 / 25,000 = 2.6
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Answer: It is not prime , therefor it's composite.
Step-by-step explanation:
Because....
The number 27 can be evenly divided by 1, 3, 9 and 27, with no remainder.
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Answer:
$4,309.12
Step-by-step explanation:
The computation of the interest earned is given below:
But before that the amount would be
Amount = Principal × (1 + rate of interest)^number of years
= $6,000 × (1 + 0.07)^8
= $6,000 × 1.07^8
= $10,309.12
Now the interest earned is
= Amount - principal
= $10,309.12 - $6,000
= $4,309.12
