Question: are these correct Question 3 Calculate the current ratio in 2018 (up to two decimal points). . Current Ratio = Total Current Assets / Total
are these correct
Question 3 Calculate the current ratio in 2018 (up to two decimal points). . Current Ratio = Total Current Assets / Total Current Liabilities 1.31 The following questions are related to the time value of money. Question 4 Gwen deposits $5,000 in a savings account that pays 2.5 percent interest, compounded quarterly. She wants to know what her balance will be in 10 years. What is the FV in this problem? Hint: You need to figure out this is a single deposit or a series of deposits. $4,156 $5,000 $6,415 Question 5 Ed saves $1,200 per year. He puts his money in a credit union account that yields 2 percent interest, compounded annually. He wants to know what his balance will be at the end of 15 years. What is N in this problem? 12 15 0 60 180 Step by Step Solution
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