Answer:
1) rising inflation
Answer:
B) More; even minor
Explanation:
Illiquid (or exotic) currencies are foreign currencies that are not generally traded in exchange markets. They trade at very low volumes and are usually extremely volatile since both the demand and supply is very limited. Since there are very few suppliers and consumers of exotic currencies, any additional transaction can result in large changes in their value.
Answer:
23.53% or 24% (Approx)
Explanation:
Given that,
Current Assets = $632,000
Total Assets = 1,424,000
Cost of Goods Sold = 1,040,000
Gross Profit = $320,000
Net Income = 192,000
Sales revenue = Cost of goods sold + Gross profit
= $1,040,000 + $320,000
= $1,360,000
Gross profit margin = (Gross Profit ÷ Sales) × 100
= (320,000 ÷ 1,360,000) × 100
= 0.23529 × 100
= 23.53% or 24% (Approx)
Answer:
$10,000 in 20X1 and $0 in 20X2
Explanation:
Pink is allocated $10,000 ($40,000 x 25%) of income in 20X1. In 20X2, Pink is allocated $0 income, as distributions are generally NOT taxable if they do not exceed basis
Answer: Option (e) is correct.
Explanation:
Correct Option: both a and c
Marginal revenue is the amount that is added to the total revenue, this amount is created due to an additional unit of output produced by the firm.
Price taking firms are the firms which operates in a perfectly competitive market. In this type of market condition, prices are determined by market forces. Hence, the constant prices will result in unchanged marginal revenue and thus it is horizontal to the x-axis at any given price level. Price level remains the same at any level of output.