Recall that
which means
Now, could be positive or negative, which means
. If we specifically knew the sign of
was positive, then we can simplify and write
or if it's negative,
What are the x-intercepts of the function f(x) = –2x2 – 3x + 20? (–4, 0) and five-halves five-halves and (4, 0) (–5, 0) and (2,
2 answers:
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Answer:
The quick ratio is 4.75:1.
Step-by-step explanation:
From the given information it is clear that:
Cash = $340,000
Inventory = $280,000
Accounts receivable = $40,000
Accounts payable = $65000
Other current liabilities = $15000
Formula for quick ratio:
Substitute Cash = 340000, Current receivables=40000, Current Liabilities= (65000+15000).
Therefore the quick ratio is 4.75:1.