Evaluate the Piecewise Function at the Given Value of the Independent

question 20

Multiple Choice

Evaluate the piecewise function at the given value of the independent variable.
- $(x) =\left\{\begin{array}{ll}x+1 & \text { if } x<1 \\3 & \text { if } x \geq 1\end{array}\right.$

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a company.

Current Assets

Assets on a balance sheet that are expected to be converted into cash, sold, or consumed within a year.

Current Liabilities

Financial obligations a company must pay within a year, such as loans, accounts payable, and other debts.

Working Capital Ratio

A financial metric that measures a company's efficiency and its short-term financial health by comparing current assets to current liabilities.