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4 years ago

Ajith running an internet cafe. Identify the economic activity mentioned here

Business

1 answer:

sergejj [24]4 years ago

7 0

Answer:

Ajith is essentially providing a service.

Explanation:

A service is an economic transaction in which the buyer obtains a benefit from the seller, but his benefit is not a good, like a product, or a machine.

Ajith provides a service to his customers: the use of a computer to connect to the internet for a specific period of time. The period of time is determined by the amount the customer pays: the higher the amount, the more time the customer is allowed to connect.

As can be seen, the customers do not obtain any product from the transaction, they simply get the right to connect to the internet, for that reason, it is a service what they are being provided with.

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Computer skills and knowledge of specialized software would be most important for someone who is

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It would be an architect, because they use 3D building software such as Inventor or other CAD programs.

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3 years ago

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1. What is the difference between wages and salaries?

soldier1979 [14.2K]

The difference between salaries and wages is that a salary is a fixed amount of money per pay period and a wage is money earned by the hour.

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3 years ago

Last year, Capriana Corporation (CC) had sales of $200 million, and its inventory turnover ratio was 5.0. The CC’s current asset

Brilliant_brown [7]

Answer:

quick ratio = 0.72

Explanation:

given data

sales = $200 million

inventory turnover ratio = 5.0

current assets totaled = $100 million

current ratio = 1.2

solution

we get here quick ratio so here

inventory turnover ratio = $\frac{sales}{inventory}$ ...............1

put here value

inventory = $\frac{200}{5}$

inventory = 40

and

now we get current liability

current ratio = $\frac{current\ assets}{current\ liability}$ ...............2

put here value

current liability = $\frac{100}{1.20}$

current liability = 83.33

and here quick ratio

quick ratio = $\frac{current\ assets - inventory}{current\ liability}$ .............3

quick ratio = $\frac{100-40}{83.33}$

quick ratio = 0.72

7 0

4 years ago

a variable that predicts what will happen with the sales of another product is referred to as that product's:

olasank [31]

Leading Indicator is a variable that predicts what will happen with the sales of another product is referred to as that product's.

<h3>What is a leading indicator?</h3>

A piece of data or a group of facts related to the economy that may predict future movement or change in the economy is known as a leading indicator. Future events and trends in business, markets, and the economy can be predicted and projected with the use of economic leading indicators. An example of a leading safety indicator would be the proportion of workers wearing hard helmets on construction sites. A leading indication is a predicted measurement. A lagging safety indicator might be the number of accidents on a construction site, which is an output measurement. Items like newly generated accounts, leads or opportunities, and won opportunities are examples of leading indicators. Won opportunities, lost opportunities, won amounts, and lost amounts are examples of lagging indicators.

To learn more about leading indicators click,

brainly.com/question/1357308

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1 year ago

On July 1, an investor holds 50,000 shares of a certain stock. The market price is $30 per share. The investor is interested in

Yakvenalex [24]

Answer:

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

Explanation:

Provided information;

Amount of shares of a certain stock =50,000

The market value per share = $30

Portfolio value= P = 50,000 × 30 = $1,500,000

Beta of stock β = 1.3

current Index futures price = 1,500

Multiplier = $50

Futures Value A = 1,500 × 50 = $75,000

The formula used in calculating the number of contracts =

Number of contracts N = (β × P) ÷ Future values

N = (1.3 × $1500000) ÷ $75000

N = $1950000 ÷ $75000

Number of contracts N = 26

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

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4 years ago