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Lerok [7]
3 years ago
14

The term "current financial resources" refers to

Business
1 answer:
Gwar [14]3 years ago
7 0

Answer:C. Assets that are available to be used for current expenditures

Explanation:

The running of a firm will be affected no matter how much asset it has if there are no current financial resources to meet his immediate obligations, the availability of assets convertible to immediate cash to meet current or immediate obligations is called current financial resources.

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Consider a portfolio of stocks X, Y, Z whose returns in various economic conditions are set forth below.
jeka57 [31]

Answer:

The expected return is 10.95%

Explanation:

CALCULATE THE EXPECTED RETURN OF X

State _____Probability __X_____Expected return

Boom ____ 0.25 ______22%  ___5.50%

Normal ___ 0.60 ______15%  ___ 9.00%

Recession _0.15 _______5% ___ <u>0.75%  </u>

Total ______________________<u>15.25%</u>

CALCULATE THE EXPECTED RETURN OF Y

State _____Probability __Y_____Expected return

Boom ____ 0.25 ______10%  ___ 2.50%

Normal ___ 0.60 ______9%  ____5.40%

Recession _0.15 _______8% ___ <u>1.20%  </u>

Total ______________________<u>9.10%</u>

Now calculate the weighted average return based on investment in each portfolio

Expected return = ( Expected return of Assets X x Weight of Asset X ) + ( Expected return of Assets Y x Weight of Asset Y )  

Expected return = ( 15.25% x $3000/$10000 ) + ( 9.10% x $7000/$10000 )  

Expected return = 4.575% + 6.370%

Expected return = 10.945%

Expected return = 10.95%

5 0
3 years ago
Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the pr
Colt1911 [192]

Answer: my reaction would probably not be good

Explanation:

8 0
2 years ago
Which of the following is likely to cause a decrease in the equilibrium U.S. interest rate, other things being equal? a. an incr
garik1379 [7]

Answer:

The correct answer is d. pessimistic economic projections that cause businesses to reduce expansion plans.

Explanation:

Economic projections are quantitative studies which seek to describe how the growth of an economy will be in a certain period of time towards the future. These are based on existing economic models, in addition to historical reports, to identify patterns in which they know where the economy will go.

This information is of great interest to different sectors, for example, investors will always be interested in knowing which sectors of the industry will grow in the future, to invest in shares of leading companies in that area; people are always eager to know how the economy will be, in order to decide if it is good time to spend or save; Well, governments can do these studies to find out if it is necessary to implement any program to prevent economic problems.

5 0
2 years ago
Sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. al
irakobra [83]

Answer:

Critique of advertising.

Explanation:

Advertising is a marketing strategy used by organizations or individuals to convince or persuade a consumer to buy their products.

It is used to promote goods and services using a multimedia channel such as television, radio, billboards etc.

Critique of advertising postulates that adverts usually urge or prompt consumers to buy products even when they don't need it.

6 0
3 years ago
Joe, Patrick, and Adam are friends. They have the same preference over consumption and leisure. Joe has two jobs. He auditions f
Roman55 [17]

Answer:

2. For Joe income effect dominates while for Adam substitution effect dominates

Explanation:

Income effect refers to change in the real i.e inflation adjusted income when prices change.

In the given case, Joe works at two jobs which means that for a greater income he is willing to work for more hours. Thus, in his case it can be said that income effect is prominent.

In the case of Adam, he works overtime regularly which means for every extra hour of work, he earns an extra income. This represents change in the relative income owing to change in working habits. This is a case of substitution effect.

6 0
3 years ago
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