If both consumers and producers are experiencing a surplus the market is efficient
Answer:
A. True
Explanation:
In the starting of the twentieth century, the only stock in which an individual invest is the stocks and the bonds but today there is a lot of different type of investment choices who provides the better return. Accprding to the demand of the investor there are various options available for invest
Hence, the given statement is true
<span>Basis of the given information for an economy in 2016.
Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion
Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion
Gross output for this economy in 2016 equals $260 billion.</span>
Answer:
2.18%
Explanation:
Effective interest rate = (1+i/m)^n - 1
i is stated as interest rate
m is the compounding frequency
Here, the compounding is quarterly and the effective interest rate is 8%
Since one year is equal to 4 quarter, the value of m is equals to 4
Effective interest rate = (1 + i/4)^4 - 1
9% = (1 + i/4)^4 - 1
0.09 + 1 = (1 + i/4)^4
(1.09)^1/4 = 1 + i/4
1 + i/4 = 1.02178
i/4 = 1.02178 - 1
i/4 = 0.2178
i/4 = 2.18%
Answer:
2016 2015 2014 2013
gross profit% 26.29% 22.58% 22.45% 22.41%
Inventory turnover 6.58 7.64 7.6 7.94
cost of material % 59.89% 51.76% 89.82% 51.10
b. gross% has increased this may be due to a high demand, and intense marketing.
inventory turnover has decreased this may be due to new competition, or introduced product(new product)
cost of material purchased % it has increased in 2016, this may be due to increased production and effective use of material.
Explanation:
gross profit % =gross profit/ sales
gross profit = sales less cost of sales
inventory turnover = cost of sales / average inventory
average inventory = (opening inventory + closing inventory )/2
cost of material purchased/ cost of finished goods
finished goods = cost of sales + closing - opening goods
