Answer:
Working Capital= $203,000
Current ratio= 1.7603
Explanation:
Working capital is the liquid assets that are available to a business for the day-to-day operations. It is calculated by getting the difference between current assets and current liability.
Current asset= $470,000
Current liabilities= $267,000
Working capital = Current Assets - Current Liabilities
Working Capital= 470,000-267,000
Working Capital= $203,000
Current ratio is a liquidity ratio that measures a business's ability to pay it's short term liabilities.
Current ratio= Current Assets/ Current Liabilities
Current ratio= 470,000/ 267,000
Current ratio= 1.7603
Answer:
Cluster sampling
Explanation:
Cluster sampling is a type of sampling in which a population is divided into groups and one whole group from the division is randomly with every member of the chosen group involved.
As in thr question, the phone number listings have been divided into groups of 400 and her name came up in the first group of the listing divisions to be considered, hence her selection.
Cheers.
Answer:
Bulk
Explanation:
Trade discount is the reduction in the retail price of products that arises from bulk sales or purchases.
Answer:
B
Explanation:
Perpetuity formula for present for present value to be invested today
Pv = C /R
where c is the amount of continuous cash payment and R is the interest rate
PV = $ 15000 / 0.09 = $ 166666.67 approx $ 166667
Answer:
shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law focuses on the relationship that exists between unemployment and economic growth. It's states that the gross domestic product of a nation should grow at about 4% to result in an unemployment rate reduction of 1%.
So it follows that if unemployment rate rises there will be a negative gap in the GDP of a country.
Employed labour is needed to produce output that will grow the economy and the GDP.
However when unemployment increases there is less labour and low output level, resulting in reduction of GDP.
