Answer:
32
Step-by-step explanation:
Answer:
<u>Quick Ratio = 0.19. A quick ratio of 0.19 means that this company might not be able to fully pay off its current liabilities in the short term.</u>
Step-by-step explanation:
1. For solving this question, we need to use the Quick ratio formula, this way:
Quick Ratio = (Current Assets - Inventory - Prepaid Expenses) / Current Liabilities
2. Let's replace the formula with the real values:
Quick Ratio = (477.50 - 275 - 0)/ 1,075 (Prepaid Expenses = 0)
Quick Ratio = 202.50 / 1,075
Quick Ratio = 0.1884
<u>Quick Ratio = 0.19 (Rounding to two decimal places)</u>
3. Interpretation
A quick ratio below 1 means that the company might not be able to fully pay off its current liabilities in the short term, in this case it's 0.19 for this company. A quick ratio of 1 is considered to be the normal, as it indicates that the company is able to pay off its current liabilities with exactly enough assets to be immediately liquidated.
Answer:
u = - 
Step-by-step explanation:
Given
t = - rsu ( multiply both sides by - 1 )
- t = rsu ( divide both sides by rs )
- = u
Answer:
y-5=-1/2(x+3)
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(4-5)/(-1-(-3))
m=-1/(-1+3)
m=-1/2
y-y1=m(x-x1)
y-5=-1/2(x-(-3))
y-5=-1/2(x+3)
