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: At point (
)
Step-by-step explanation: <u>Diagonal</u> is a line uniting two opposite points. In a square, the diagonals intersect in a 90° and bisect each other, i.e., divides each diagonal into two segments of the same length.
In other words, the diagonals of a square meet at their midpoint, which is found as the following:
(x,y) = 
The opposite vertices of the given square are (-2,6) and (1,-7).
So, the intersection is
(x,y) = 
(x,y) = 
The diagonals of square with vertices (-2,6)(6,1)(1,-7)(-7,-2) intersect at point
.
Answer:
Y-int (0,-6)
x-int (-8,0)
Step-by-step explanation:
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Step-by-step explanation:
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ANSWER: y=10.5
HOW TO SOLVE:
set 3/2 equal to x/7 and then solve for x. To do that, multiply 7x3 to get 21. Then divide 21 by 2 to get the answer.