Answer:
$30,000
Explanation:
The computation is shown below:
As we know that
Current ratio = Current assets ÷ Current liabilities
Current assets = 3.4 × Current liabilities
Now the
Acid-test ratio = Quick assets ÷ Current liabilities
2.8 = Currents assets - inventory ÷ Current liabilities
2.8 = 3.4 × Current liabilities - $18,000 ÷ Current liabilities
2.8 × Current liabilities = 3.4 × Current liabilities - $18,000
After solving this, the current liabilities is $30,000
Answer: A
Explanation:
Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.
Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.
Answer:
A technological improvement that reduces costs of production will shift supply to the right, so that a greater quantity will be produced at any given price. Government policies can affect the cost of production and the supply curve through taxes, regulations, and subsidies.
What are five things that will shift a supply curve to the right?
changes in non-price factors that will cause an entire supply curve to shift (increasing or decreasing market supply); these include
1) the number of sellers in a market,
2) the level of technology used in a good's production,
3) the prices of inputs used to produce a good,
4) the amount of government regulation, ...
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