Which of the following will help sober up of an intoxicated person

Merchandise inventory is classified on the balance sheet as a

daser333 [38]

Answer:

Merchandise inventory is classified on the balance sheet as a current asset.

Explanation:

Merchandise inventory refers to the price of products that are available for sale and they are classified as a current asset.

Current assets are the cash and the other assets that can be turn into cash within a year, like inventory as there is a good opportunity that the products are sold in that period which makes inventory to be included in the current assets on the balance sheet.

6 0

3 years ago

Ceteris paribus, a decrease in the demand for automobiles will

OLEGan [10]

Here are the answers: Ceteris Paribus, we would expect the following to be the cause of a decrease in the demand for the automobiles and these are: Increased gasoline prices, the expectations of the consumers that the prices of the automobiles will depreciate the following year and that the significant recession will develop and will last for a year. (Answers are based from the actual options attached to this question.)

5 0

2 years ago

1) Markets and competition In a perfectly competitive market, all producers sell___________ goods or services. (perfectly identi

marishachu [46]

Answer:

The answers are,

1) Perfectly Identical

2) many

3)takers

4)false

Explanation:

Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.

But since the Lettuce is a broad category, we can assume that it is a competitive market.

Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.

3 0

3 years ago

During the _____ of the product life cycle, the basic goal of promotion is to inform the target audience that a product is avail

Arlecino [84]

Answer:

Introduction Stage

During the Introduction Stage of the product life cycle, the basic goal of promotion is to inform the target audience that a product is available.

Explanation:

The introduction stage is the first stage in the product life cycle where a company tries to build awareness about the product or service

7 0

3 years ago

Bros Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percent. Bruce currently has no debt, and

Liula [17]

Answer:

WACC=17.15%

Explanation;

MV of equity=EBIT8(1-t)/Ke

MV of equity=100,000*(1-.31)/.18=$383,333

Total value of the firm=Market value of equity+present value of tax savings on interest

Total value of the firm based on EBIT= $383,333+.31*61,000

Total Value of the firm=$402,243

Keg=Keu+(Keu-Kd)*D/E*(1-t)

where Keu= cost of equity of un-geared company=18%

Keg=cost of equity of geared company=?

Kd=cost of debt=11%

Keg=.18+(.18-11)*61,000/(402,243-61,000)*.69

Keg=.18+.0086

Keg=18.86%

NoW revised WACC will be

WACC=Keg*MV of equity+Kd(1-t)*cost of debt/(total value of firm)

WACC=.1886*(402,243-61,000)+.11(1-.31)*61,000/(402,243)

WACC=17.15%

5 0

2 years ago