X Varies Directly as P

question 14

Multiple Choice

x varies directly as p . If x=14 when p=2 , find x when p is 7 .

• A) x=1
• B) x=14
• C) x=49
• D) x=343

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Definitions:

Liquid Ratio

A financial metric comparing a company's liquid assets (cash and marketable securities) to its current liabilities, often used to assess liquidity.

Common Size Statement

A financial statement in which each line item is expressed as a percentage of a significant total, facilitating comparison across companies or periods.

Liabilities Plus Equity

Liabilities plus equity represents the total value of a company's financial obligations plus its owners' investments, crucial for understanding its financial health.

Net Income

A company's overall earnings following the deduction of all expenses and taxes from its total revenue.