The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents is <u>2. $10,620</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Currency and coins= $620
Balance in checking account= $1,600
Customer checks waiting to be deposited= $2,500
Treasury bills= $2700
Marketable equity securities= $10,600
Commercial paper cost= $5900
The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents= 620+1600+2500+5900
= $10,620
The amount included by Cashmere Soap Corporation in its year-end balance sheet as cash and cash equivalents is <u>$10,620</u>.
Answer:
The correct answer is Product adaptation.
Explanation:
Product adaptation is the process by which it is modified so that it is well received by different customers or markets. An adaptation strategy is particularly important for companies that export their products, as they ensure that they meet the cultural and legislative demands of the country they are targeting.
Adaptation is also important for companies that want to introduce new products into new markets but do not have enough resources or means to develop completely new items.
Answer:
Real GDP may either rise or fall.
Explanation:
Real GDP = (Nominal GDP ÷ Deflator) × 100
Real gross domestic product is defined as the measure of the economic output in a particular nation which takes into account the effect of both inflation and deflation in an economy.
If there is an increase in the nominal GDP from 100 to 110 and increase in inflation from 0 to 2% then as a result the real GDP will rise because percentage increase in nominal GDP is greater than percentage increase in inflation.
If there is an increase in the nominal GDP from 100 to 110 and increase in inflation from 0 to 15% then as a result the real GDP will fall because percentage increase in nominal GDP is lower than percentage increase in inflation.
<span>The equilibrium of labor is dependent upon how the demand for labor and wages shifts. If the demand shifts to the left and wages are flexible, then the quantity of labor increases and wages decreases. If labor supply shifts to the left and wages are flexible, labor quantity will again increase and wages will decrease. The same will occur when labor demand and labor supply shifts to the right, again, assuming that wages remain flexible.</span>