Overstated No effect
Explanation:
In case salaries are not raised at the end of 20X1, wages owed are known, an existing obligation. Current assets minus current commitments equals working capital. Working capital is exaggerated when current liabilities are overstated.
Increasing pay in 20X1, even if it had accurately been accrued, would never have been paid at the rest of 20X1. Thus, the failure to increase salaries does not affect 20X1 operating cash flow.
The selling price given as = $ 15
The cost per CD is = $ 11
The total profit = Selling price - Cost
Total profit per CD = $ 15 - $ 11
Total profit per CD = $ 4
The markup on selling price is calculated as - Total profit ÷ Selling price × 100
Markup on selling price = $ 4 ÷ $ 15 × 100 =26.6666 % or 27 %.
Answer:
To stop criminal activity.
Explanation:
Answer:
Hope they got this right this was a few months ago
Explanation:
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
