Answer: Downward sloping
Explanation:
The Aggregate demand curve shows the national income in a country and the reason the AD is downward sloping is to represent that when the price level increases, the national income will drop because people now have to spend more for goods and services.
There are different factors that go into the AD curve but the basic premise is that when prices are high, people can only afford less so the demand decreases.
Answer:
b. 3.0 : 1
Explanation:
Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability
The Current ratio = $300,000 / $100,000 = 3.0 : 1
Note: The higher the quick ratio, the better the company's liquidity position.
I think a is the correct answer let me know if This helps
Answer:
Zero
Explanation:
There are three types of activities in the cash flow statement which are described below:
1. Operating activities: It includes those transactions which records cash payments and cash receipts. Like - collection, wages, etc.
2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash
.
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.
The sale of machine is an investing activity. Hence no amount would be reported i.e zero amount would be recorded
Answer:
$557.55
Explanation:
Missing word <em>"The interest rate is 16% per year"</em>
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Present Value of annuity of 1 = (1-(1+i)^-n)/i
Where, i = 16%, n=15
Present Value of annuity of 1 = (1-(1+0.16)^-15)/0.16
Present Value of annuity of 1 = 5.575456
Present Value of saving of electricity expense = Annual Saving * Present Value of annuity of 1 = $100.00 * 5.575456 = $557.55. So, the amount we can afford to pay is $557.55
