Explain the Error in the Following $$\log _ { 4 } 3 y = \log _ { 4 } 3 \cdot \log _ { 4 } y$$

question 419

Essay

Explain the error in the following: $$\log _ { 4 } 3 y = \log _ { 4 } 3 \cdot \log _ { 4 } y$$

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to meet short-term obligations.

Long-Term Financing

Funding obtained for a time period exceeding one year, used for acquiring or investing in long-duration assets.

Conservative

In finance, conservative refers to an investment strategy or financial decision-making approach that prioritizes preservation of capital and minimizes risk.

Net Working Capital

The disparity between an organization's immediate assets and liabilities, showcasing its financial stability in the short-term.