Using the following balance sheet and income statement data, what is the current ratio? Current assets
$33000
Net income
$41500
Current liabilities
14200
Stockholders' equity
76800
Average assets
159900
Total liabilities
41100
Total assets
118000

the answer is c)8

step-by-step explanaction:

step-by-step explanation:

we have

using a graphing tool

see the attached figure

this is a quadratic equation (vertical parabola) open up

the vertex is a > vertex

the domain of the function is all real > interval (-∞,∞)

the range of the function is the > [-6.125,∞)

the function has two x->   and

the function is increasing over the > (0.25,∞)

the function is decreasing over the > (-∞,0.25)

$320 to $405

step by step explanation:

in one day he earns between $64 and $81

therefore if he works for 5 days, he will earn between 64 x 5 to 81 x 5

= $320 to $405