I would like to know the simplest approach to find out whether a triangle ABC will be made if $$\frac{\cos A}{2}=\frac{\cos B}{3}=\frac{\cos C}{7}$$
The counterpart questions for sine and tangent can be handled as follows:
If $\dfrac{\sin A}{2}=\dfrac{\sin B}{3}=\dfrac{\sin C}{7}$, we can rule out triangle because by the Sine Rule $a=2k$, $b=3k$, $c=7k \implies a+b <c.$
If $\dfrac{\tan A}{2}=\dfrac{\tan B}{3}=\dfrac{\tan C}{7}$, we can see that a triangle will be made as $\tan A=2k, \tan B =3k,\tan C=7k$, when inserted in the identity $\tan A+ \tan B+ \tan C= \tan A \tan B \tan C \implies k=\sqrt{2/7}$.
Show for yourself that if $A,B,C$ are the angles of a triangle then $$ \cos^2A + \cos^2B + \cos^2C = 1-2\cos A \cos B \cos C $$
This is not very difficult, use the fact that $A+B+C = 180$ along with double angle identities.
Therefore, if $$ \frac{\cos A}{2} = \frac{\cos B}{3} = \frac{\cos C}{7} = k, $$ then by substituting this in the formula in the first section, $$62k^2 = 1-84k^3.$$ This can be solved using Cardano's formula (or you can use the intermediate value theorem to assert the existence of a root in $[0,1]$). Numerical methods show that $k \approx 0.117928$. From here, you get that such a triangle in fact exists, and roughly has angles $76.36^\circ,69.28^\circ$ and $34.36^\circ$.