Answer:
The correct answer is: identifying the problem or opportunity.
Explanation:
Identifying the problem or opportunity is the first step in the rational decision-making process. To know which direction the firm is going to take, the main issue must be pointed out so based on the possible solutions the company can provide, the first steps can be taken towards achieving the solution.
Answer:
The correct asnwer is $-214 billion.
Explanation:
A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.
As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.
This means that China would be facing a deficit.
A defit means that more money comes out of our company's account than it enters.
Which causes China to have a<u> negative balance account.</u>
Answer:
A price floor set above the equilibrium price will result in a surplus of supply.
Explanation.
An equilibrium price refers to the price at which demand for a service or product is equivalent to the quantity of the product or service supplied in the market.
Setting a price floor above the equilibrium price essentially means that the set prices will be higher than what demand is willing to pay for the product or service. Demand will therefore purchase fewer quantity of the product offered by supply at the prevailing price than they would have at equilibrium price.
Since the price floor will raise the product price to considerably higher than the equilibrium price, supply will be willing to provide higher volumes of the product at the prevailing price than at equilibrium price.
This will lead to a mismatch in the market between supply and demand resulting into a surplus.
Answer:
-$4,000
Explanation:
The computation of the amount of cash flow from investing activities is shown below:
= Paid a $4,000 cash to purchase land
Since the land is purchase for cash so the amount is to be shown in the investing activities in a negative value as the purchase is the outflow of cash
So the same is relevant
Answer:
Background, problem, and purpose
Explanation:
A project proposal consists of multiple segments. The section titled Background, problem and purpose outlines the context of the project and the problem that it seeks to address. In essence, this section provides a brief overview of the project purpose and the subsequent sections of the proposal add additional details which are relevant to the execution of the project.
