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3 years ago

A current liability is a debt that can reasonably be expected to be paid

Business

1 answer:

krok68 [10]3 years ago

5 0

Answer: Option A

Explanation: In simple words, current liabilities refers to the obligations that are risen due to borrowings made for uses that were short term or non repetitive.

The liquidity of a company is a measurement of its ability to pay short term debt. The current liabilities are either paid in a year or in an operating cycle whichever is longer.

Hence the correct option is A.

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Ball Bearings, Inc., faces costs of production as follows:

Travka [436]

Answer:

Q Fixed Variable Total Marginal Aver. Aver. Aver.

Costs Costs Cost Cost FC VC TC

0 100 0 100 - - - -

1 100 50 150 150 100 50 150

2 100 70 170 20 50 35 85

3 100 90 190 20 33.33 30 63.33

4 100 140 240 50 25 35 60

5 100 200 300 60 20 40 60

6 100 360 460 160 16.67 60 76.67

The firm's profit in this case is -$360.

True or False: This was a wise decision. ⇒ False

Depends on the situation and which costs are avoidable if the company shuts down operations. If it produces 4 cases, the losses reduce from -$100 to -$40, but the contribution margin is positive since revenues exceed variable costs by $60. But under the current price level, the company will not be able to generate profits unless it increases its sales price or decreases its fixed costs.

Vaguely remembering his introductory economics course, the company's chief financial officer tells the CEO it is better to produce 1 case of ball bearings, because marginal revenue equals marginal cost at that quantity.

At this level of production, the firm's profit is -$100.

True or False: This is the best decision the firm can make. ⇒ False

Accounting profit is maximized at 4 cases since marginal cost ($50) = sales price ($50). At this point the total profit is -$40.

3 0

3 years ago

Since the beginning of the twentieth century, the United States has experienced _________ recessions. Of those, ______ have occu

faltersainse [42]

Answer: 22; 7

Explanation;

A Recession refers to the economy of a country contracting for at least 2 quarters.

Since the the beginning of the twentieth century, the United States has experienced 22 recessions with the worst being the Great Depression of 1929 and the Great Recession of 2008.

Of those, 7 have occurred since 1970 with the 7th ongoing as a result of the Corona virus pandemic.

5 0

3 years ago

What is the maximum locked-rotor

Fynjy0 [20]

Answer:

because answer key you give you answer

8 0

3 years ago

4. People in the organisations carry out diverse tasks with the aim to achieve

Umnica [9.8K]

Answer:

(b) Common objectives

Explanation:

People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.

The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.

6 0

3 years ago

According to the aggregate production function, gdp increases when a nation?

Gala2k [10]

According to the aggregate production function, GDP increases when a nation,

improves its technology, A
increases its stock of physical capital, K
increases the human capital of its workers, H

<h3>What is aggregate production function?</h3>

An aggregate production function holds constant all other production factors, like as capital, natural resources, and technology, and connects the entire output of an economy to the total amount of labour engaged in that economy. Land, labour, capital, and entrepreneurial activity are the elements that make up aggregate production function.

A method for determining productivity and economic growth is the aggregate production function. Therefore, economists use it to gauge the efficacy of the final product and the quality of the inputs. The maximum output that can be produced given the quantity of the production elements is represented by the aggregate production function. Keep in mind that the following uses lower case letters for plant level variables and capital letters for aggregate variables.

Hence, According to the aggregate production function, GDP increases when a nation,

improves its technology, A
increases its stock of physical capital, K
increases the human capital of its workers, H

To learn more about aggregate production function refer to:

brainly.com/question/15875528

#SPJ4

3 0

2 years ago