Answer:
The value of money factor (future value of a lump sum for three year at 10% interest rate) is 1.331
we will return the principal and 33.1% of the principal as interest
Explanation:
we have to calcualte the FV of a principal of $1 after 3 year exposed to 10% interest rate:
Answer: Monopolistically competitive firms are productively inefficient because production occurs where C. The average total cost is greater than the minimum average total cost.
Explanation: The average total cost shows the average in cost to produce a unit. Monopolistic competition is an imperfect competition because producers sell productions completely different fro each other in means of quality and branding. The average total cost needs to be below the minimum average total cost so that profit is being made continuously.
Answer:
Explanation:
Question 27
If Wheat Company had used the FIFO inventory method, income before income taxes would have been $75,000 higher in the current year. As inventory is an asset to the company. Therefore the $75,000 in inventory would have increased the company's asset and increasing the income before taxes.
Question 28
Other things held constant, which of the following will NOT affect the current ratio, assuming an initial Not yet current ratio greater than 1.0?
C. Accounts receivable are collected in cash.
Current ratio measures a company's ability to pay short-term obligations as at when due. It indicates that a company can manage its debts and other payable when their current assets is well managed.
It is calculated as Current Asset/ Current Liability. A ratio of 1 and above is the best meaning that a company an manage its debts obligations well.
Answer:
b. To ensure strict hierarchical control of the organization.
<span>Economics is about allocating resources for doing which of the following processes involving goods and services? Production and Distribution. When </span>referringto economics, distribution is defined as how output, income and/or wealth is distributed among individuals or facts related to production. Both of these relate to one another and and involve goods and services to produce income.
