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lidiya [134]
3 years ago
10

Another infrastructure project in northern California funded in part by ARRA funds involved expanding the Caldecott Tunnel betwe

en the cities of Oakland and Orinda. A spokesperson for the California state agency in charge of the project mentioned that the Caldecott tunnel project would have a "ripple effect" on employment. The ripple effect meant that
Business
1 answer:
Alex Ar [27]3 years ago
7 0

Answer:

The ripple effect means that the economic benefits generated by the construction of the project and the hiring of construction workers will expand to other industries and areas of the local and regional economy (it also affects positively the national economy but in a very small way). For example, construction workers use their salaries to purchase goods and those goods are provided by other industries.

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During the past 1000 years, the income per person of the world has
Mamont248 [21]

Answer: Has increased.

Explanation: Income per person has increased over the years because the cost of living and expenses have also increased. As the cost of items go up, income increases to help consumers be able to afford living and purchasing goods and services.

5 0
3 years ago
The current asset section of Stibbe Pharmaceutical Company’s balance sheet included cash of $34,000 and accounts receivable of $
Alexxandr [17]

Answer:

Ending balance in inventory= $22,000

Current liabilities= $88,000

Explanation:

The current assets section of stibblr pharmaceutical company included cash of $34,000 and accounts receivables of $54,000

The company's current ratio is 2.5

The acid test ratio is 2.0

Acid test ratio = cash + account receivables /current liabilities

2.0= ($34,000+$54,000)/current liabilities

2.0= 88,000/current liabilities

Current liabilities = 88,000/2

= $44,000

Current ratio= cash + account account receivables + inventory /current liabilities

2.5= $34,000+$54,000 + inventory/$44,000

2.5= $88,000+Inventory /44,000

2.5×44,000= 88,000 + inventory

110,000= 88,000 + Inventory

Inventory = $110,000-88,000

= $22,000

Hence the current liabilities is $88,000 and inventory is $22,000

3 0
4 years ago
A 25-year old client with a low risk tolerance wishes to invest in bonds. The client has invested in equities before, but has no
Gnesinka [82]

Answer: C. AA-rated short-term bonds

Explanation:

It was stated that the client has a low risk tolerance. Therefore, to reduce the credit risk, investment grade bonds are appropriate (BBB or higher). To reduce the interest rate risk, short-term maturities will be preferable to long-term maturities. Both of these factors will result in a safer bond investment.

7 0
3 years ago
Why does a savings account make a better investment than a checking account?
Ksivusya [100]
A savings account makes a better investment because the person receives more interest from the bank than a checking account.
6 0
4 years ago
Read 2 more answers
I am considering buying a new sports car like a ford mustang. another sports car that would not likely compete head-to-head like
konstantin123 [22]
<span>This is an example of industry competition. Industry competition is a rivalry between companies in the same market who offer similar products or services. These industries compete for potential customer's money and use a variety of means to make sure they are the one a consumer chooses to do business with. They can use advertising to try and attract consumers or offer lower prices, but the most important thing is to provide a good product or service.</span>
8 0
3 years ago
Read 2 more answers
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