Answer: 2.46: 1
Explanation:
The Current ratio is used to determine if the current assets of a business can be used to pay off its current liabilities.
Current Ratio = Current assets / Current Liabilities
Current Assets = Cash + Accounts receivable + Inventory + Prepaid insurance
= 187,000 + 150,000 + 152,000 + 88,400
= $577,400
Current Liabilities = Accounts payable + Salaries and wages payable
= 208,000 + 26,500
= $234,500
Current ratio
= 577,400/234,500
= 2.46
Answer:
Price elasticity of demand for Adam=0
Price elasticity of demand for Barb=1
Explanation:
Price elasticity of demand = %age change in demanded QTY / %age change in demanded price
The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0
The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1
Answer:
retention ratio
Explanation:
Retention ration is the portion of net income retained by a firm to grow its business rather than being declared and paid as dividened.
When a company makes profit at the end of financial period, the company can either retain part of its earning for business expansion, declare part as dividends paid to shareholder or combine both.
Where a firm now reinvest the portion of the profit earned in itself, it is called retention ratio.
A sale consists of the passing of the<u> title of goods</u> from the seller to the buyer for a price.
A price is the amount of payment or compensation (usually non-negative) that one party gives to another party in exchange for goods or services. In some cases, the production price is given another name.
If the product is a commercial "commodity", the payment for that product may be referred to as the "price". However, if the product is a "service", the product may have other names.
For example, the following graph shows several situations The price of a commodity is affected by the cost of production, the supply of the desired item, and the demand for the product. Prices are either set by the monopoly or imposed on the company by market conditions.
learn more about Prices here. brainly.com/question/2021001
#SPJ4
Answer:less than 5% or equal to 5%
Explanation:
Due to it's high credit rating the populace will have confidence in him and it will not need to increase it's rate to attract investors.
This is similar to a government issuing treasury bill which rate of return will be less than the banks or other similar institution
