Answer:
15.6%
Explanation:
Investment = $3200
Net savings = $500
Investment returns in % = Net savings/Investment × 100
= 500/3200 × 100
= 0.15625 × 100
= 15.6%
Answer:
Economies of scope
Explanation:
Economies of scope -
The meaning of the term economies of scope is the reduction in the cost of a particular product due to the production of some similar product .
It refers to the situation where the marginal cost of the company or organization reduces , because of some production of the complimentary services or goods , is referred to as economics of scope .
Hence , from the given scenario of the question ,
The correct answer is Economies of scope .
I don't what the answer is but I will look for it
The acid test ratio for the firm as on 31st December 2019 will be 0.85 as per the information contained under the balance sheet.
<h3>What is acid-test ratio?</h3>
The ratio, which is derived by the division of the current assets less inventories with the current liabilities of the firm, is known as the acid-test or quick ratio.
Using the formula and given information, the acid-test ratio will be computed as,
Hence, the acid-test ratio is as computed above.
Learn more about acid-test ratio here:
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Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
