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:
Its the first option.
Step-by-step explanation:
Game 1 - you win or lose.
Game 2 - you win or lose
So that makes 4 possible branches along the tree.
WW, WL LW and LL.
Sweetie listen know first step is to go to google use the calcalater then u will receive the answer u looking for plzzzzzzzzz come back to me if u didn't find it yah know.
Answer:
i do not know
Step-by-step explanation:
Answer:
x=4
y=7
Step-by-step explanation:
12=3x
x=4
6=y-1
y=6+1
y=7
