1. A) Because you don't want to be stuck living with your parents until you are 30
2. B) Living and educational expenses
Reason:
I took a test very similar to this a few days ago, and I am a straight-A student.
Answer:
a. positive statements.
Explanation:
Positive statements is a statement from the field of positive economics that deals with measurement and explanation of economic phenomena, it deals with or studies 'what is' or how the various economics problems of what to produce, how to produce, when to produce and for whom to produce are actually solved. it uses relevant fact for its analysis.
Answer:
If Scotland becomes an independent country, the arrangements of nationalities in the British Isles will change like that:
- The Scotland will face the same situation as those in Northern Ireland where they feel close to UK and Republic of Ireland.
Explanation:
- If Scotland becomes an independent country, then it is supposed that the wales will follow them.
- If Scotland becomes an independent country, then there is chance of increase in members of EU and will have its impact upon Eurozone.
- If Scotland becomes an independent country then it will create a huge impact on the national debt of the United Kingdom.
- If Scotland becomes an independent country, then there is chance you may have to get a visa to go to Scotland and you may have to dial international dialing tone to ring Scotland.
- If Scotland becomes independent country, then it can end the Great Britain.
Answer:
acid-test ratio 1,4044
Explanation:
We are asked for a variation ofthe current ratio
whie current ratio is determinate like:
the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:
191,000 current assets - 85,000 inventory = 106,000
136,000 current liabilities
191,600 / 136,000 = 1,4044
Answer:
$710,000
Explanation:
The computation of the owner’s equity at the end of the year is given below:
We know that
Accounting equation equals to
Total assets = Total liabilities + owners equity
where,
Total assets = $800,000 + $150,000 = $950,000
And, the total liabilities = $300,000 - $60,000 = $240,000
So, the owners equity at the end of the year would be
= $950,000 - $240,000
= $710,000
