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devlian [24]
3 years ago
14

Suppose a firm occasionally faces demand for short-term credit but usually has an excess of short-term capital to finance curren

t assets. Which approach is the firm following? Conservative approach Maturity matching approach Aggressive approach Which usually costs less—short-term or long-term debt? Long-term debt Short-term debt
Business
1 answer:
nadezda [96]3 years ago
8 0

Answer: Conservative approach; Short term debt

Explanation:

Conservative approach is used by a company to maintain a level of current assets that is high which invariably leads to higher working capital. This is used by a firm that occasionally faces demand for short-term credit but usually has an excess of short-term capital to finance current assets.

Short term debts typically costs less than the long term debts as it's for a shorter duration.

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A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $60; Sec
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Answer:

$82

Explanation:

As company Uses FIFO system, it will sell first two products

The cost price =($60 + $67 = 127).

So Gross profit = Selling Price-Cost Price

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= $82

The gross profit for the period is $82

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3 years ago
Define nongovernment organizations
arlik [135]

Answer:

-UNICEF Việt Nam – Quỹ Nhi đồng Liên Hiệp Quốc

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Explanation:

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7 0
3 years ago
Are leadership and management the same thing?
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8 0
3 years ago
Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for
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fall

rise

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A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.

A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.

Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.

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3 years ago
A(n) _______________, if signed by a majority of the members of the house of representatives, will pry a bill from committee and
Dmitriy789 [7]
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