That's unprofessional. Unethical would be if he was a doctor and was sharing private information about his patients or decided not to treat them even though he's a doctor.
Answer:
New England produces Milk and Middle Colonies produces Barley is correct.
Explanation:
New England's opportunity cost of producing barley= 4/3 = 1.33 ton of milk
New England's opportunity cost of producing Milk = 3/4= 0.75 ton of barley.
Because New England has lower opportunity in the production of Milk .Therefore,it has the comparative advantage in the production of Milk. Hence, New england produces Milk.
Similarly, Middle Colonies's opportunity cost of producing Barley= 5/6= 0.83 ton of milk.
And Middle colonies opportunity cost of producing Milk= 6/5= 1.2 ton of barley.
Because Middle colonies opportunity cost in the production of Barley . Therefore, it has the comparative advantage in the production of Barley. Hence, Middle colonies produces Barley.
Hence,option(C) i.e New England produces Milk and Middle Colonies produces Barley is correct.
<span>This is a variable-rate loan. The interest rate changes due to market variations and the rates associated with the market. Some months can have higher rates (and thereby, payments), while other months could be the same or lower, leading to slightly lowered payments.</span>
<span>The compound return over 3 years is 3.67%. This is found by evaluating the following expression:
(1.10*1.15*0.88)^1/3 - 1 = 3.67%.</span>
Answer:
The $600,000 amount is required to financing so that the cash conversion cycle can be supported
Explanation:
For computing how much financing is required, first we have to compute the cash conversion payable which is shown below:
Cash conversion cycle = Average age of inventory + Average collection period - average payment period
= 65 + 60 - 65
= 60 days
Now, we have to apply the financing formula which is shown below:
= Firm total annual outlays for operating cycle investment × cash conversion cycle ÷ total number of days in a year
= $3,650,000 × 60 days ÷ 365
= $3,650,000 × 0.16438
= $600,000
Hence, the $600,000 amount is required to financing so that the cash conversion cycle can be supported
