Answer: B) The longer the cash cycle, the more likely a company will need external financing.
Explanation:
The cash cycle refers to the amount of time it would take a company to be able to convert the goods that it has in inventory to actual cash. If this cycle is long, then the company will have less cash than it needs because it is not raising cash fast enough.
To be able to fund operations therefore, the company might be forced to seek external financing.
Taxes levied on the sale, manufacture or use of specific items such as liquor, cigarettes, and gasoline are known as <u>selective sales taxes</u>, as well as <u>excise taxes.</u>
So, there aren't taxes on a whole bunch of products, but rather on a selected few, which (in the case of alcohol and cigarettes) are considered detrimental to the society and thus people who want to use them have to pay a little bit more in order to have that commodity.
Answer:
a. Alex has a basis for a complaint of discrimination because his assignments can affect his career development and he is being treated differently from others who are similarly situated and not of his race.
Explanation:
Alex has a basis for complaint of race discrimination because he expected the firm to give him more challenging work than other first year associates who have less experience. This shows that he is being treated differently from others, and by not given him a more challenging work by the firm will affect his career development. So Alex basis to file a complaint of race discrimination with the Equal Employment Opportunity Commission was right.
Answer: Sunk cost
Explanation:
Sunk cost also sometimes referred to as past cost is a cost that has already been spent by an individual or firm and cannot be recovered.
From the question, if $500 was spent last week in fixing the transmission in a car and the brakes are now acting up, and one has to decide qwhether to fix them or trade the car in for a newer model.
The amount spent on the brake situation in this case is a sunk cost as it has already been incurred and nothing can be done about it anymore.
Answer: If interest rate was 4%= $180.09. If interest rate was 8%= $317.22
Explanation:
Assuming that the aboriginal trackers were promised the $100 at the beginning of the year 1880 and the claim was also made at the beginning of the year 1995.
Number of years from 1880-1995 = 15 years
If the interest rate was 4%
= 100*(1+4%)^15
= $180.09
If the interest rate was 8%
= 100*(1+8%)^15
= $317.22
