Answer: c. Financial markets are a critical components of economic success
Explanation:
Economic success runs on companies and individuals being able to produce goods and services for the economy. To be able to do so they need capital to invest and most times they don't have that capital.
This is where Finance comes in. It connects people who do not have the capital but want to produce to those that have the capital but do not necessarily want to produce.
The huge amounts of money that finance attracts is channelled to those who need it. They then produce and the economy becomes successful.
Answer:
d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.
Explanation:
In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year
Answer: Option A
Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.
If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.
However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.
Thus, the correct option is A.
Answer:
Return on equity = 13.5 %
Explanation:
given data
tax burden ratio = 0.75
interest burden = 0.6
leverage ratio = 1.25
return on sales = 10%
sales assets = $2.40
to find out
What is the firm's ROE
solution
we get here Return on equity (ROE) that is express as
Return on equity = tax burden ratio ×leverage ratio × interest burden ratio × return on sale × sales .......................1
put here value we get
Return on equity = 0.75 × 1.25 × 0.6 × 10% × 2.40
Return on equity = 0.75 × 1.25 × 0.6 × 0.10 × 2.40
Return on equity = 0.135
Return on equity = 13.5 %
Answer:
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Answer: i) Darby is doing something wrong
ii) Ethic traps are : Money and Rationalization
Explanation:
Darby is doing something wrong because she is taking the benefits of H associates company for personal purposes. and this totally unethical behavior been exhibited by Darby
The ethics trap faced by Darby are :
Money ; Money is the most influential trap that makes employees engage in most unethical activities because Human beings want more money always
Rationalization : Darby is using the company's facilities for personal use because she feels that her usage of the facilities for personal use won't affect the company negatively