Answer:
C. A cost center recognizes neither revenues nor computes income
Answer:
In general, the production and use of capital <u>ENHANCES</u> the productivity of labor and normally <u>DRIVES UP</u> wages.
Explanation:
capital refers to tools, machinery or equipment used in the production of goods or services. They all help to increase the productivity of workers. As the productivity increases, so do salaries (generally speaking). For example, a person that paints using a common brush will paint 10 yards per hour, while someone that uses a painting machine will paint 50 yards per hour. Since using a painting machine yields a much higher return, but also requires additional knowledge, the worker is paid a higher wage.
Answer:
The answer is A. cash and short-term investments by daily cash operating expenses
Explanation:
This is calculated as follows:
cash and short-term investments(cash equivalents) ÷ daily cash operating expenses.
Cash equivalents are very short-term securities. They are very liquid and can be converted to cash very quickly. Examples are bank accounts short-term securities like treasury bills.
Days cash on hand is the number of days that a firm can afford to pay its operating expenses, given the amount of cash available.
Value of contract = Monthly income / r where 'r' is the monthly return
$125,000 = $2,000 / r
r = $2,000 / $125,000
= 1.6%
A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP if velocity is constant over the time.
<h3>What is money supply?</h3>
The control of the availability of money in an economy during a particular financial period, is known as the money supply of such economy. When the money supply increases, nominal GDP also increases over time.
Hence, option A holds true regarding the increasing money supply.
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