Answer:
The correct answer is option d.
Explanation:
Specialization in trade due to the difference in opportunity cost helps in improved allocation of resources globally. It leads to increased production of goods and services around the world as the resources are efficiently allocated.
The well being of people worldwide will be improved, both producers and consumers will be better off. The size of the economic pie will increase with increased production.
The improved allocation will shift the production possibilities outward as countries will be able to produce more.
Answer:
increase
Explanation:
the law is indirectly proportional
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Answer:
The 1st ratio examines debt by observing at the company's balance sheet, whereas the other two ratios examine debt by observing at the company's income statement. Thus, debt-to-total-assets ratio processes the %age of assets delivered by debt in order to fund total assets. The computed equation will be: (Total long term debt + Total short term debt) / Total assets). The high debt ratios that overdo the business average might create it expensive for a company to borrow the extra funds without initial raising for more equity. The period’s interest received ratio processes the degree to which the income can fall before the company is incapable to meet its yearly interest expense expenditures. However, the computed equation is EBIT / total interest payable: EBIT is used as the numerator as it is funded with pretax dollars. The company’s capability to pay will not be affected by the taxes. The EBITDA analysis ratio is EBITDA / total interest: This proportion is more comprehensive than the TIE proportion because it identifies that depreciation and payback are not expenses, so these aggregates are accessible to service debt, and lease expenses and principal refunds are fixed expenses.
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