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An extract of a balance sheet is given. What are the current ratio and the quick ratio?

Balance Sheet (extract),
December 31st, 2xxx
Cash $2,000
Cash at Bank $20,000
Accounts Receivable $5,500
Prepayments $1,500
Inventory $10,000
Accounts Payable $12,000
Wages Payable $12,000
Taxes Payable $1,500

The current ratio is
The quick ratio is

Np4=12np2 with clear explanation.

The first few steps in solving the quadratic equation 9x2 + 49x = 22 ? 5x by completing the square are shown. 9x2 + 49x = 22 ? 5x 9x2 + 54x = 22 9(x2 + 6x) = 22 which is the best step to do next to solve the equation by completing the square? 9(x2 + 6x + 3) = 25 9(x2 + 6x + 3) = 49 9(x2 + 6x + 9) = 31 9(x2 + 6x + 9) = 103

Which of the following statements is true? a. the irrational number system is not closed under multiplication, because the product of two irrational numbers is always a rational number. b. the irrational number system is not closed under multiplication, because the product of two irrational numbers is not always an irrational number. c. the irrational number system is closed under multiplication, because the product of two irrational numbers is always an irrational number. d. the irrational number system is closed under multiplication, because the product of two irrational numbers is always a rational numbers. reset submit