Calculate the Value of Y When X = 10 and If

question 9

Multiple Choice

Calculate the value of y when x = 10 and if y = 3x - 4

• A) 20
• B) 22
• C) 24
• D) 26

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Definitions:

Current Ratio

An indicator of how well a company can fulfill its short-term financial liabilities using assets that are readily convertible to cash.

Acid-Test Ratio

A financial metric that measures a company’s ability to pay off its current liabilities with only quick assets, excluding inventory.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit customers by dividing net credit sales by the average accounts receivable.

Industrial Averages

Statistical measures that represent the performance of the industrial sector within an economy, often used as indicators for stock market trends.