Answer:
as the ease of converting an asset into cash.
checking account
Explanation:
Liquidity refers to the ease of converting an asset into cash. Cash is the most liquid asset. While assets like real estate are less liquid because it is difficult to convert it to cash as their a lot of processes that must be undertaken before real estate can be converted to cash.
Checking account is the most liquid because it can be easily converted to cash.
Answer:
13%
Explanation:
Expected return on market = ((Expected return - Risk-free rate) / Beta) + Risk-free rate
Expected return on market = ((17.50% - 8%) / 1.90) + 8%
Expected return on market = 9.5%/1.90 + 8%
Expected return on market = 0.05 + 0.08
Expected return on market = 0.13
Expected return on market = 13%
One benefit of using this would be that it save a lot of time, But When using pre-printer check stock, you won't be able to see the check number in both printin and print manager.
If the number is crucial/important for your operation, <span> a log of check numbers would still be needed.</span>
Answer:
Materials cost per unit is $13.40
Explanation:
Equivalent Unit of Material = (3,200-1,700)*100% + 1,700*100%
Equivalent Unit of Material = 3,200
Materials cost per unit = total materials costs/Equivalent Unit of Material
Materials cost per unit = 42,880/3,200
Materials cost per unit = $ 13.40
Answer:
The correct answer is D. imposes a small deadweight loss relative to the tax revenue it raises.
Explanation:
By not discouraging the activity, it is understood that taxes should not distort the economic decisions of the individuals subject to taxation. In the theory of Public Finance the inefficiency of taxation can be analyzed through the so-called "excess tax", as a quantification of the loss of utility generated by a distorting tax. The excess of tax arises because the loss of total welfare generated by the tax on the individual with the modification in their behavior, is greater than the mere loss of welfare caused by the decrease in disposable income that comes with the payment of the tax. The value of excess tax that is generated by the substitution effect is greater the higher the tax rate and elasticity (Musgrave, 1986). Therefore, the relationship of exchange between efficiency and equity is not so simple for governments when designing their fiscal policy.
