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
To learn more about current ratio, please check: brainly.com/question/19579866
#SPJ1
We are given the expression:
U = E * P
The equality symbol “ = “ means that for all cases, the
value of U and E * P must always be equal. This means that whatever happens on
the left side, must equally happen on the right side.
So what this actually means is that, if we double U so we
must also double the expression E * P, that is:
2 U = 2 (E * P)
However since P stays constant in the process, therefore
only E is changed, hence:
2 U = P * 2 E
So we can see that E is also doubled.
Answer:
0.79
Step-by-step explanation:
Answer:
b. and e.
Step-by-step explanation:
simplify the equations, separate into possible cases, then solve the equation
