Answer: The total debt ratio is 0.36
The debt ratio and the debt equity ratio are established by the following identity:
where D/E is debt equity ratio
Substituting the value of D/E ratio in the formula above we get,
An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.
What is an oligopoly-
An Oligopoly is a type of market in which :
- Few numbers of buyers and sellers.
- High capital cost to entry in the market.
- Similar but slightly different products. (eg. Cold drink companies)
- Entry may be restricted to a few firms
- there can be informal cartels within the existing firms which do not allow others to come in.
- The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.
An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).
Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"
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The budget surplus is $1.6 trillion.
When a government's revenues exceeds its outlays, the government is said to run a surplus. If government's revenues is less than its outlays, the government is said to have a deficit. If a government runs a deficit, its debt would increase because it would have to borrow to fund the deficit.
Amount of budget surplus = government's revenues - outlays
$3,8 trillion - $2.2 trillion = $1.6 trillion
A similar question was answered here: brainly.com/question/13375339
Answer:
New price = $108
Explanation:
Given:
Old price for cleaning = $120
New discount rate = 10% = 10 / 100 = 0.1
Computation of new price for cleaning:
New price = Old price for cleaning (1-New discount rate)
New price = 120 (1-0.1)
New price = 120 (1-0.1)
New price = $108
Journal entry
Date Account Title and Explanation Debit Credit
Cash A/c Dr. $108
Service Revenue A/c $108
(Being amount received from cleaning)
Answer:
the purchasing power of money to decrease.
Explanation:
Inflation, in economic terms, refers to the rise in the price of the goods and services for a certain period of time. The value of money is decreased.
With the commencement of Inflation, the purchasing power of the money falls. With the rise in the price, the monetary value of the money decreases which leads to purchase fewer goods and services.
