If Y Is Inversely Proportional to X , And $y = \frac { 1 } { 30 }$

question 95

Short Answer

If y is inversely proportional to x , and $y = \frac { 1 } { 30 }$ when x = 4, find the value of y when x = 16. Please enter your answer as a fraction.

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Definitions:

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquid assets available for running its operations.

Discontinued Operations

Parts of a company's core business or units that have been sold, disposed of, or ceased operations, which are reported separately in financial statements.

Interim Report

A financial statement that reports a company's financial performance for a period shorter than a fiscal year, often quarterly.

Net Of Tax

Refers to the amount remaining after taxes have been deducted, used to describe financial results or figures that are exclusive of tax effects.