Answer:
D. the money in one's pocket
Explanation:
this is so because the financual assets needed fpr a business to produce good and/or services requires money
Answer:
please mark as brilliant
Explanation:
good morning ❤️☀️ stay happy ❤️ stay safe
Answer:
It will take him 7 years.
Explanation:
Hi! We need to calculate the amount of time that it requires an investment of $34000 to reach $62154 at an interest rate of 9% annually.
By using the formula of Present Value we can isolate n:
The formula is:
PV=Ct/[(1+r)^n]
Ct= cash flow at t time
r= rate
n= period of time
To calculate how many years, we need to isolate n from the PV formula:
n=[ln(Ct/PV)]/ln(1+r)
n=ln(62154 /34000 )/ln(1+0,09)
n=7
Answer:
It must be paid within one year or the operating cycle, whichever is shorter.
Explanation:
Current liabilities are short term obligations that a company needs to pay within the current financial year. Companies use current assets to offset their current liabilities. Examples of current liabilities include accounts payable, interest payable on outstanding loans, dividends payables, and long term debts maturing within the current financial year.
A business needs to monitor its levels of current liabilities to ensure it has sufficient current assets to pay them. There are situations where a company finds it necessary to obtain a loan to finance its current liabilities. The inability to pay current debts consistently may be indicative of more profound financial challenges within the organization.
Answer:
- <u>B. decreasing foreign expenses</u>
Explanation:
<em>Economic exposure</em> is the risk derived from the variation in the foreign revenues and expenses of the firm due to <em>exchange rate movements.</em>
If the<em> expenses are more sensitive to exchange rate movements than revenue</em>, means that a depreciation of the Mexican Peso would cause the expenses to increase more than revenue,
That means that the expenses would increase more than the revenue affecting the financial situation of the firm.
Hence, <em>to reduce the economic exposur</em>e, Old Main Co. should reduce its foreing expenses.
