Answer:
Key factors:
Customers
Quality of shoes
Brand (trained with a pro before or used by a pro)
modeling expenses
Explanation:
Answer:
€1.54/$1.00
Explanation:
When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000
651.25/1000= 1/x
Cross multiply
651.25x = 1000
x= 1000/651.25
x= 1.54
Hence the implicit exchange rate is €1.54/$1.00
Answer:
B) They are employees.
Explanation:
They work for Sally. Sally hired Truly, Glen and Fred and pays them an hourly wage, and provides the tools that they use to perform their work. She also supervises and directs their job. They are not independent contractors due to the direct relation that exists between them and the fact that they obey Sally's orders.
Answer:
Company's current ratio is 2.4
Explanation:
Current ratio = Current assets / Current liability
Current ratio = 46,880/19,500
Current ratio = 2.404 =2.4
<u>WORKINGS</u>
Current assets:
Account Receivable= 29,500
Office supplies 4,800 (Assuming they are stocks of supplies)
Prepaid insurance 4,680
Cash 7,900
Total current assets=46,880
Current liabilities
Account Payable 13,500
Unearned services revenue 6,000
Total current liability= 19,500
Answer:
B) The money they saved in the past is worth less in the future
Explanation:
