Answer:
$1.67 Million
Explanation:
Current asset = 15 Million
Current liabiltiy = 15 Million/3
= 5 Million
Let the inventory X can be purchased with short term debt without violation
per current ratio requirement
(15 + x)/5+x = 2.5
15 + x = 12.5 + 2.5x
2.5 = 1.5x
x = $1.67 Million
Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million
I believe the answer to this question is "<span>A discrete random variable". </span>
Answer:
d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.
Explanation:
In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year
Answer: B- the change in total utility from consuming one more unit of a good
Explanation: Marginal utility is the change in utility that arises from consuming one more unit of a good or service.
Utility is the total satisfaction that occurs from consuming a commodity or service.
Average utility is total utility divided by the number of goods consumed.
Answer: No.
Explanation:
This is a Perfectly Competitive market and that means that you are a price taker who maximises output at a point where Marginal Revenue equals Marginal Cost ( MR = MC). As costs have gone up, it simply means that for the conditions to be satisfied, you need to produce less at the factory in Connecticut.
That does not mean that you have to produce more at the Massachusetts plant because it is already producing at capacity and increasing the marginal cost would violate the MR=MC rule as you have no control over the price so you cannot change Marginal Revenue. It is therefore better to keep the production level at the Massachusetts plant unchanged.
