Answer: GAMA Corp. has a lower times interest earned (TIE) ratio
Explanation:
The times interest earned (TIE) ratio simply means how the ability of a company to meet its debt obligations is being measured based on the current income that the company has.
Since GAMA Corp. has a higher debt to asset ratio and, therefore, a higher interest expense, it simply means that GAMA Corp. has a lower times interest earned (TIE) ratio when compared to FAMA Corp.
Therefore, the correct option is A.
Answer:
The correct answer is letter "A": Part of both the performance measurement system and the performance reward system.
Explanation:
Budgets are estimates a company outlines at the beginning of a period to determine the expenditures that must be incurred during the operations of the firm for the whole year. Part of the managers' work is evaluated based on how close the actual expenses match the budgeted estimates.
In case the company's expenses are higher, investors may not consider the <em>performance </em>of the executives and the overall firm as appropriate. If the expenses are below the budget estimate at the productivity level desired, investors could be interested in maintaining or improving the current business process and being the <em>rewards </em>for managers higher.
Answer:
Severe floods affecting aggregate demand and aggregate supply can be equated with bad weather destroying crops. In this regard, the supply of goods and services will be slower or harder to keep up with depending on the demand given. The losses suffered as a result of the sever floods will result in the demand for goods and services to increase but the measured supply thereof might not be sufficient given the extreme backlog and circumstances created by the sever floods.
In this scenario, the effects on the output (goods and services) supplied will be slower in the short-run until businesses and farms are restored to stable working conditions. The demand thereof (for output) will increase and has inverse relationship with the supply of goods and services, until there is an equilibrium point reached when the supply of goods and services meet the demand required. Prices in the short term will increase until conditions have become stable. This will affect the GDP of the businesses negatively.
In the long-run, the demand for goods and services will decrease as conditions stabilise and the supply of goods and services will even out to meet the demand required. Depending on the far reaching effects of the severe floods, equilibrium and stable demand and supply may take a while to become normal again. In the long-run the price of goods and services should decrease as the demand required is met through the supply of goods and services. This will affect the GDP of the businesses positively.
Explanation:
To understand the answer given above, you have to understand the inverse relationship there is between the aggregate demand and aggregate supply.
Aggregate supply is the complete number of units (goods and services) supplied to the market (i.e. produced and sold in the market) which is also the gross domestic profit (GDP). In the short-run for this question, the GDP will decrease initially until conditions become stable.
Aggregate demand is the total domestic spending consumers have on goods and services in the economy. The GDP will increase in the long-run as the demand and supply is met and becomes steady.
Answer:
The Prime Minister is the head of the Executive branch of the Government in the United Kingdom as well as other Parliamentary or Semi-presidential Government systems.
The President is the head of the Executive branch of the Government in the United States and other Republican states.
The differences between the two especially between the United Kingdom and the United States is;
- A President is elected by the general public, and a Prime Minister is the leader of the majority party in the House of Commons.
The President is elected directly by the will of the people which in the United States is represented by the Electoral College. The Prime Minister on the other hand is elected if their party and affiliates hold a majority in the House of Commons (Parliament).
- A President is elected every four years, whereas Parliamentary elections are held every five years.
The Presidential election in the United States is held every 4 years with the next one being this year, 2020. By contrast Parliamentary elections in the UK are held every 5 years but this can be less if the Prime Minister dissolves parliament.
- A Prime Minister can be ousted by a vote of "no confidence" by her/his party's parliamentary ministers.
As the Prime Minister is elected by their party's representatives in Parliament, they can also be removed by them. This happens when the members pass a <em>vote of no confidence</em> in the the minister.
Based on Celine's price elasticity of demand, the increase in quantity demanded will be 30%.
<h3>How will the quantity demanded change?</h3>
This can be found as:
= Change in price x Price elasticity of demand
The change in price will be negative because the price is being reduced.
Solving gives:
= -20% x -1.5
= 30%
Find out more on price elasticity of demand at brainly.com/question/5078326.
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