Answer:
b. An increase of $15 million
Explanation:
The computation of the cash impact of the change in working capital is shown below:
As we know that
Working capital = Current assets - current liabilities
So, the change in working capital is
= Increase in current assets - increased in current liabilities
= $40 million - $25 million
= $15 million
Hence, the b option is correct
Answer:
a credit card would be better ..cause it has a convenient pay method
Answer:
true: credit card history
Answer:
C) Exports decrease, imports increase
Explanation:
If the US dollar appreciates, the US dollar has now more value per unit of foreign currency than before. For example, suppose that today 1 US dollar buys 0.8 Euro, and tomorrow, Europe is hit by a financial crisis, and the US dollar appreciates, and buys 1.2 Euro. The US dollar has appreciated, has become more expensive, becomes now more euros are needed to buy 1 US dollar.
When the US dollar gains value, domestic goods become more expensive compared to foreign goods, and this promotes imports, and reduces exports.
This is the reason why China keeps a depreciated currency: China is an export economy and the cheap Chinese currency makes exports cheaper, and imports more expensive.
Creative destruction; People have always used taxis to go around town, but now services like uber, lyft, etc. are replacing them, creating a creative destruction as the negative effect of innovative ride-sharing services.
What is creative destruction?
The process of continuous product and process innovation in which new production units replace outmoded ones is known as "creative destruction." Major areas of macroeconomic performance are affected by this restructuring process, including long-term growth, economic volatility, structural change, and the operation of factor markets. Nearly the long term, the creative destruction process is responsible for over 50% of productivity increase. Recessions cost more than upturns do when restructuring declines as it does at business cycle frequency. Inhibitors to the creative destruction process include have negative macroeconomic effects both immediately and in the future.
Learn more about creative destruction here:
brainly.com/question/26352018
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