Answer:
For example, Bank of Baroda, State Bank of India (SBI), Dena Bank, Corporation Bank and Punjab National Bank.
Answer:
The correct answer is predatory pricing.
Explanation:
When we speak of the legal right "defense of free competition", what we are referring to, in very simple words, is a field of law that seeks to safeguard that competition in the markets occurs "in good and sound fashion", this it is, without cheating, fraud or other "abusive" devices that are apt to achieve, maintain or increase the market power of those who execute them, thereby damaging the collective well-being of the economic agents participating in those markets (and not only the of the individuals directly involved in a certain transaction).
Answer:
Economic Profit of Victor would amount to -$25,000
Explanation:
The formula to compute the economic profit is as follows:
Economic Profit (EP) = Total Revenue - (Opportunity Cost + Explicit Cost)
where,
Revenue is $150,000
Opportunity Cost is $100,000
Explicit Cost is $75,000
By putting the values in the formula
EP = $150,000 - ($100,000 + $75,000)
= $150,000 - $175,000
= -$25,000
True
The Financial Accounting Standards Board (<em>FASB</em>) is an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States, following generally accepted accounting principles (<em>GAAP</em>).
Answer:
1) Prompt Submission of invoice
2) Removal of unnecessary assets
3) Bargain for a longer payment period
Explanation:
Current ratio measures the capability of a business or organisation to meet up to its short-term obligations that are due within a period of one year.
Conditions in which a company can increase its current ratio at the end of their accounting period include:
A) Prompt invoice submission:
Invoice should be submitted early to the customers. The more your accounts receivables increase and the quicker money is derived from your sales,the better your current ratio be and you will have much more money.
B) Removal of unnecessary assets:
All business has unproductive assets. Resources that are just lying there and wasting,resources that is not earning anything. It is advisable to dispose them off since they are not adding to your income.
C) Bargain for longer payment period:
Try and negotiate for a longer payment periods with your vendors and ask if you can be given discounts.