Prove the Following Claim:
If P $\equiv$ Q Is a Tautology, Then P and Q Are Equivalent

question 20

Essay

Prove the following claim:
If p $\equiv$ q is a tautology, then p and q are equivalent statements.

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Definitions:

Quick Ratio

A financial ratio that measures the ability to pay current liabilities with quick assets (cash, marketable securities, accounts receivable).

Account Payable

Financial obligations or debts owed by a business to its suppliers or creditors for goods and services received.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in the operations of a business and not expected to be consumed or converted into cash within a year.

Long-term Liabilities

Obligations of a company that are due beyond the current fiscal year or operating cycle.