Answer:
a. relate balance sheet assets to income statement sales.
Explanation:
Asset utilization ratio measures the ability of a firm to generate revenue from each dollar of assets that it holds. It is computed using the following formula:
Asset Utilization = Revenue / Average Total Assets
Revenue is an income statement account, while average total assets is a balance sheet account, thus, the answer is a.
The first three activities of the human resource management human resource management process ensure that competent employees are identified and selected. The final three activities of the human resource management process ensure that the organization retains competent and high-performing employees. In addition, in organizations, affirmative action programs ensure that protected classes are retained and their opportunities are maintained.
The Global Climate Change Inititive
Question Completion:
Domestic Market for Steel, Alpha
Qs P Qd
60 5 10
40 4 20
30 3 30
20 2 40
10 1 50
Domestic Market for Steel, Beta
Qs P Qd
80 5 20
70 4 30
60 3 40
50 2 50
40 1 60
Answer:
Assuming that Alpha and Beta are the only two nations in the world, at the equilibrium world price:
Beta will export steel and Alpha will import steel.
Explanation:
a) Data and Calculations:
Domestic and World Market for Steel
Alpha Beta World Market
Qs P Qd Qs P Qd Qs P Qd
60 5 10 80 5 20 140 5 30
40 4 20 70 4 30 110 4 50
30 3 30 60 3 40 90 3 70
25 2.50 35 55 2.50 45 80 2.50 80
20 2 40 50 2 50 70 2 90
10 1 50 40 1 60 50 1 110
b) In the world market, equilibrium will occur at a price of $2.50, when the quantity supplied and demanded will be 80. At this equilibrium price of $2.50, Alpha will supply 25 units, and Beta will supply 55 units. Alpha will demand 35 units, and Beta will demand 45 units. This implies that Beta will supply more than its demand for steel, while Alpha will supply less. Therefore, Beta will export steel and Alpha will import steel.
Answer: Voidable contract.
Explanation: Voidable contract is enforceable by law at the option of one or more parties but not an option of the the other parties. A voidable contract can still be considered valid if its not cancelled by the aggrieved party within a stipulated time. A contract is said to be a voidable contract if the contract is entered into without the free consent of the party. Typical grounds for a contract being voidable include coercion , undue influence and fraud. A contract made by a minor is often voidable.
It is a valid contract which may be either affirmed or rejected at the option of one of the parties involve.
