Solve for X $$\frac { 1 } { 8 } x = 0$$

question 88

Multiple Choice

Solve for x. Be sure to reduce your answer. Check your solution.
- $$\frac { 1 } { 8 } x = 0$$

• A) \(x =\)
• B) \(x = - 8\)
• C) \(x = 1\)
• D) \(x = 0\)

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Definitions:

SUTA

This stands for State Unemployment Tax Act, which is a payroll tax that employers must pay to the state to fund its unemployment benefits program.

Current Liabilities

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

Quick Ratio

A liquidity metric that indicates a company's ability to cover its current liabilities without selling inventory, calculated as (cash plus marketable securities plus accounts receivable) divided by current liabilities.

Temporary Investments

Short-term investments that a company plans to convert into cash within a short period, typically one year or less.