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maw [93]
3 years ago
13

A barrel of oil as measured on the oil market is equal to 1.333 u.s. barrels. a u.s. barrel is equal to 31.5 gal. if oil is on t

he market at $94.00 per barrel, what is the price in dollars per gallon?
Business
1 answer:
RoseWind [281]3 years ago
7 0
You need conversion in this problem to solve it. Since you are already given of all the data, you just need to utilize the data to come up with the answer.  You simply have to divide the equivalent units of a barrel with the U.S. barrels and further divide it with the equivalent gallons of U.S. barrel. You can get $2.24 ($94 / 31.5 / 1.33).<span> </span>
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When the value of a bank's assets is than its liabilities, the bank is said to be:_____.
mr_godi [17]

The value of a bank's assets is than its liabilities, the bank is said to be  <u>solvent</u>

<h3>What is assets?</h3>

Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.

<h3>What do you mean by solvent in accounting?</h3>

A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.

To know more about solvent in accounting visit:

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3 0
2 years ago
. A rise in the price of corn will cause a (Click to select) in the Supply Curve for corn. b. A decrease in the price of seed (a
Nadusha1986 [10]

Answer:

move along upwards

shift out

shift in

Explanation:

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :

  1. A change in the price of input
  2. A change in the number of suppliers
  3. Government regulations

When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

This would lead to a movement up along the supply curve

If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.

If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards

8 0
3 years ago
The increased use of the Internet presents a lot of potential for which types of businesses?
Sergeeva-Olga [200]

Answer:

Local businesses, SME's and International businesses

Explanation:

The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.

8 0
3 years ago
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

Explanation:

IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

4 0
4 years ago
A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has ___ goal(s) an
Trava [24]

Answer: single; quantitative

Explanation:

The discounted cash flow analysis is a method that is used to determine the value of a project, security, or assets by using time value of money.

The discounted cash flow analysis is used in real estate, investment finance, patent valuation etc. A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has single goal(s) and quantitative measures.

6 0
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