Answer:
B) French wines will become more expensive in the United States.
Explanation:
When rate of dollar falls to that of euro, the same number of dollars will purchase fewer French goods, so French goods become more expensive to American consumers. If one travels to Europe (including France), one will exchange one dollar for less than one euro
Answer:
b. receive and process bids for Treasury securities in preparation for the Treasury's auction of securities.
Explanation:
The Fed and their regional banks are authorized by the Federal Reserve Act of 1913 to act as fiscal agents if the Secretary of the Treasury requires them to do so. Theoretically, this shouldn't be a normal activity, it should only happen on demand of the Secretary of the Treasury.
Answer:
Option(2) i.e " savings accounts at a local bank." is the correct answer to the given question .
Explanation:
Liquid asset are those asset that are rapidly translated into the cash money.The liquid asset is the connection cash in hand asset or perhaps the asset that can quickly be turned into the cash money.
- We will withdraw the money many number of times it means in the option(2) the money is turned into the cash money. this is an example of the liquid asset .
- All the other options are not turned into the cash money that's why it is not liquid asset .So these are incorrect option.
The cash payback period for the asset is 3 years.
Payback period = Cost of Investment ÷ annual cash inflow
=174,000 / 58,000
= 3 years
What is cost of investment in accounting?
Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy.
What is yearly cash flow?
Cash circulation in and out of a business over a fiscal year is referred to as "annual cash flow" in finance.
How do you calculate annual cash flow?
To calculate your yearly cash flow, subtract your total cash inflows from your total cash outflows. If the result is positive, it indicates positive cash flow; if it is negative, it indicates negative cash flow. Using the same example, take $175,000 out and subtract $139,000 to generate $36,000 in positive annual cash flow.
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Answer: competitive inertia
Explanation: Competitive inertia or corporate inertia refers to a company that is rigid in its way of operations and refuses to change its way of thinking as per the changing norms in the industry.
In the given case, Cajemp inc. is refusing to start making building from concrete blocks in place of brick and mortar due to their positive past experiences.
Hence from the above we can conclude that the given case illustrates competitive inertia.