Current liabilities are debts that must be repaid within a year.
Current assets are assets with short lives, but inventory is not considered a current asset at times, for example in the quick ratio, inventory is disregarded.
Long-term debts are those that can be paid after a year or more, and not whatever "residual claim" the question speaks of.
Tangible assets are assets which can be felt and have a physical form, but are not necessarily fixed assets.
Net working capital is current assets minus current liabilities.
'The only definiiton that seems correct is the current asset one, although they word it inappropriately.
Answer:
Present worth is 398,577
Explanation:
First we need to grow the payment by 15% each year after year 4. Then we need to discount the amounts using the interest rate of 11% each year.
All the workings are done in the pdf file attached with this answer, please find it.
The increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.
<h3>What is Aggregate Demand Curve?</h3>
An aggregate demand curve can be described as curve that shows the total spending that is made on domestic goods and services based on different price levels.
When the aggregate demand curve shifts to the right, it means demand is increased. However, wen aggregate demand curve shifts to the left, it means demand decrease.
Recession that happened in 2007-2009 that made many consumers pessimistic about their future incomes discourages buying. This leads to a decrease in demand which will make the aggregate demand curve to shift to the left.
Therefore, the increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.
Learn more about aggregate demand curve on:
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Answer:
True
Explanation:
Current Ratio: The current ratio shows a relationship between the current assets and the current liabilities. The formula is shown below:
Current ratio = (Total Current assets ÷ total current liabilities
)
Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:
Current ratio = (Quick assets ÷ total current liabilities)
where,
Quick assets = Current assets - inventories - prepaid insurance
So, the given statement is true
Answer:
1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.
2. True. The given statement is correct from the source.
3. False. As per the research conducted on the basis of catch reconstruction, the catches have been declining due top several reasons.
4. The last statement is totally correct as verified by the source mentioned.