There are 52 weeks in a year right.
So in three years there are 156 weeks.
Now we are gonna multiply the saving amount per week, $62.50 by the 156 weeks.
$62.50 x 156 = $9,750
This is the amount that you put in your saving in three years.
Answer:
yes, it would matter, because you want to get the best out of it
Explanation:
Answer:
b) inventory is sold on credit.
Explanation:
Liquidity is defined as the a business to use its current assets to settle it's current liabilities.
This is calculated by using the working capital ratio.
Working capital ratio = Current assets ÷ Current liabilities.
Cash and inventory contribute to a business' liquidity.
When inventory is sold on credit, it does not result in immediate increase in cash as payment is in the future. So there is a reduction in the current asset of the company.
A reduction in the numerator of the working capital ratio results in lower value of the ratio (lower liquidity)
Answer: 1.28
Explanation:
The portfolio beta is a weighted average of the investments in the portfolio.
The new beta will therefore be;
= Portfolio beta - weighted beta of stock being sold + weighted beta of stock to be added
= 1.3 + ( 10,000/150,000 * 1.6) + ( 1.3 * 10,000/150,000)
= 1.3 - 0.11 + 0.09
= 1.28
Ensure reliable accounting. It’s kinda obvious because it’s DUMB!
