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riadik2000 [5.3K]
3 years ago
8

BRICs is a term used in international finance to represent assets that are considered to be inexpensive and sturdy, but fundamen

tally unsound and and incapable of coping with the upheavals now apparent in international financial markets.
1. True
2. False
Business
1 answer:
NeX [460]3 years ago
5 0

Answer:

False

Explanation:

BRICS is an acronym of the growing economies of the world which includes Brazil, Russia, India, China and South Afruca. Their headquarters is in China and they work together to ensure the development of member nations is achieved. They collaborate in different projects and help each other financially.

Goldman Sachs, in 2001, coined the acronym and he believed that these countries would grow faster than the countries that have already developed.  

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The financial statements of the imagine company report net sales of $1,000,000 and accounts receivable of $700,000 and $300,000
Viefleur [7K]
The answer is 2 times.
 
Accounts recievable turnover ratio = net sales / average accounts recievable

=1,000,000 ÷ (700,000+300,000 ÷ 2)
8 0
2 years ago
Rappaport Corp.'s sales last year were $385,000, and its net income after taxes was $23,000. What was its profit margin on sales
Marianna [84]

Answer:

5.97%

Explanation:

Profit margin is an example of profitability ratio

profitability ratio  measures the ability of a firm to generate profit from its assets

Profit margin = net income / sales

= $23,000. / $385,000,

5 0
3 years ago
Earnings per share a.helps compare companies of different sizes b.must be reported by a public company c.is the net income per c
Marrrta [24]

Answer:

d. All of these choices are correct.

Explanation:

The earning per share shows a relationship between the net income after considering the preference dividend and the number of outstanding  shares

The formula is shown below:

Earning per share = (Net income - preference dividend) ÷ (Number of outstanding shares)

Moreover, it is used for the comparison and it must be reported by a public company on a quarterly basis or annual basis

3 0
3 years ago
Based on the marginal principle, would it make sense to for a business to expand their hours of operation if they project $1,500
krek1111 [17]

Answer:

Yes, because they will net $300 per week

Explanation:

According to the marginal principle, production can be increased if marginal revenue would exceed marginal cost. It means that the venture would be profitable

Marginal cost is the increase in cost as a result of increasing output by one unit.

total marginal cost = 1000 + 50 + 150 = 1200

Marginal revenue is the increase in revenue as a result of increasing output by one unit.

Marginal revenue exceeds marginal cost by (1500 - 1200) 300. Thus, hours of operation can be increased

6 0
2 years ago
If a recent ad deterred you from buying the product, describe why. How would you change it? Share a link if you can (please be s
vredina [299]

Some reasons why an ad deterred a consumer from buying a product could be lack of information or jarring communication.

<h3 /><h3>How to build an effective ad?</h3>

It is essential that the marketing team develop a strategy to engage your potential consumer. For this, it is necessary to align the language and ideas contained in the ad to have the expected effect on the consumer, in addition to identifying the ideal channel for placement.

Therefore, publicity and advertising are essential to generate value for a brand and reach the consumer.

Find out more about advertising here:

brainly.com/question/1264922

#SPJ1

3 0
1 year ago
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