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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X = smaller number
y = bigger number
y = 3x
x+y = 20
x+3x = 20
4x = 20
x = 5
The smaller number is 5.
Answer:
10=x, 4=y
Step-by-step explanation:
Answer:
Sales Tax is $1
Total Price is $21
Step-by-step explanation:
The subtotal of the shirt is $20.
Find the 5% tax.
20 * .05 = 1
The sales tax is $1.
This means that the total price is $21.
Subtotal + Tax = Price
$20 + $1 = $21
Hope this helps.
Answer:
The expanded form: y=(2x-3)(x+3)
The simplified form: 2x^2+3x-9